3113 W Madison Street, Phoenix, AZ 85009

$469,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $469,000 Last Modified: 1/22/2025

Description

Newly renovated units perfect for any investor each unit has a rent of $2100 that is $4200 a month for both! Conveniently located only minutes from downtown Phoenix, come and see it for yourself!

More Information MLS# 6787914

Contract Info

Current Price: $469,000 Sold Price: $469,000 Status: Closed List Date: 2024-11-24 Ownership: Fee Simple

Location Tax Legal

House Number: 3113 Compass: W Street Name: Madison St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85009 Country: USA County Code: Maricopa Assessor Number: 109-40-067 Tax Year: 2024

General Property Description

Lot Size Dimensions: 7865 Year Built: 1952 Uncvrd Parking Spcs: 8 Total # of Units: 2 # of Buildings: 2 Zoning: Residential Flood Zone: No Elementary School District: Murphy Elementary District High School District: Phoenix Union High School District

Remarks Misc

Geo Lat: 33.445563 Geo Lon: -112.12681

Status Change Info

Status Change Date: 2025-01-22 Off Market Date: 2024-12-18 Under Contract Date: 2024-12-17 Close of Escrow Date: 2025-01-21 Sold Price: $469,000

Legal Info

Lot Number: 7

Income Expenses

Gross Annual Sch Inc: 50400 Net Operating Income: 4200

Showing Notification Methods

Showing Service: Aligned Showings

1 Bedroom Units

# 1 Bedroom Units: 4 Avg Rent: 2100 Avg SqFt: 1019 # Baths: 2

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 2100 Avg SqFt: 1500

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession to Buyer: 4.5 Seller Concession $/%: %

Property Features

Project Type: Duplex Construction: Block; Frame - Wood Const - Finish: Painted; Stucco Roofing: Comp Shingle; Built-Up Floors: Vinyl Sale Includes: Land & Building; Personal Property; Laundry Equipment Community Amenities: Other Appliances Included: Refrigerator; Disposal; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking: Street Parking; <1 Space Per Unit; Add'l Parking Avail; RV/Boat Parking Owner Pays: None Tenant Pays: Water; Sewer; Electric; Gas; Trash; Cable TV; Landscaping Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Email Lockbox Type: Supra (ARMLS); Mech-box / Combo Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Planet Realty

Last Updated: January - 22 - 2025

3113 W Madison Street, Phoenix, AZ 85009 (MLS# 6787914)