2822 E TIERRA BUENA Lane, Phoenix, AZ 85032

$679,000

Property Type: Multiple Dwellings Status: Active

Current Price: $679,000 Last Modified: 4/03/2025

Description

Well located in North Phoenix with easy access to freeways. Gated community with pool and security. Great unit mix with (1) 1B1B, (2) 2B2B, and (1) 3B3B. All units are larger than average and have their own washer/dryer hookups. Tenants pay the electric and the owner pays the HOA which includes water, sewer, trash, common area maintenance. Please, do not disturb or talk to tenants.

More Information MLS# 6807854

Contract Info

Current Price: $679,000 List Price: $679,000 Status: Active List Date: 2025-01-16 Ownership: Fee Simple

Location Tax Legal

House Number: 2822 Compass: E Street Name: TIERRA BUENA St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85032 Zip4: 3767 Country: US County Code: Maricopa Subdivision: GREENWAY MANOR Assessor Number: 214-39-084 Tax Year: 2024

General Property Description

Lot Size Dimensions: 1 - 7500 Year Built: 1982 Uncvrd Parking Spcs: 4 Total # of Units: 4 # of Buildings: 1 Zoning: FOURPLEX - 1 ST Elementary School District: Paradise Valley Unified District High School District: Paradise Valley Unified District High School: Paradise Valley High School

Remarks Misc

Cross Street: Between Bell & Greenway off 29th Street Directions: GreenwayParkway and 29th St, N to Marconi, W to 28th Pl, S to property on the NE corner of Tierra Buena & 28th Pl Geo Lat: 33.630253 Geo Lon: -112.021113

Status Change Info

Status Change Date: 2025-03-28

Legal Info

Township: 3N Range: 3E Section: 2 Lot Number: 56

Income Expenses

Gross Annual Sch Inc: 54000 Net Operating Income: 39784.08

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 1 Avg Rent: 1000 Avg SqFt: 900 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1100 Avg SqFt: 1064 # Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 1300 Avg SqFt: 1300 # Baths: 3

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Built-Up Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: Pool; Spa(s); Play Area Exterior Amenities: Landscape Wtr System; Desert Landscaping; Cable TV Available; Patio/Balcony; Guard Gate Interior Amenities: Unfurnished; Vertical Blinds; Mini Blinds Appliances Included: Refrigerator; Dishwasher; Disposal; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: 1 Space/Unit Owner Pays: See Remarks Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Projected Proforma; Other (See Remarks) Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Adjustable/Graduated Existing 1st Ln Trms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Better Homes & Gardens Real Estate SJ Fowler

Last Updated: April - 03 - 2025

2822 E TIERRA BUENA Lane, Phoenix, AZ 85032 (MLS# 6807854)