Address
1626 W Garfield Street Phoenix, AZ
Price
$ 615,000
Property Attributes
  • MLS#6332720
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodLas Flores
  • Zip85007
  • Style
  • Year Built1947
  • Taxes$ 862
  • Price$ 615,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2200
Listing Provided Courtesy Of:
Silverhawk Realty
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

GREAT INVESTMENT OPPORTUNITY!! Professionally managed, CASH-FLOWING fourplex in a downtown location with great access. Two 2BR/1BA and two studio/1BA. Newer AC and some units have had recent updates to kitchens and bathrooms. Vacant unit has just been remodeled -- move in with low down payment FHA loan or turn key lease. Shared onsite laundry with newer washer and dryer. All units are separately metered and NO HOA. Low-maintenance desert landscaping with plenty of parking in front and in back. Space for toys/trailers/etc. Rents are below market with room to raise! TENANT RIGHTS, PLEASE DRIVE BY ONLY - SHOWINGS ONLY AFTER ACCEPTED OFFER.

Elementary School
Pima Elementary School
Price History
12/16/2021 Listed $615,000

General Features

1 Bedroom Units: Avg Rent 742.13
2 Bedroom Units: Avg Rent 1022.64
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Ceiling Fan(s), Central A/C
Electric APS
Elementary School Pima Elementary School
Exterior Features Desert Landscaping, Fenced, Partially Fenced, Security Light(s)
Features No Pool
Gas Y/N Other (See Remarks)
Heating Heat Pump
Map Code/Grid Q34
Net Income 42690.48
New Financing 1031 Exchange, Conventional, FHA, VA
Owner Pays Landscaping, Sewer, Trash Collection, Water
Parking >1 Space Per Unit, 1 Space/Unit, Add'l Parking Avail
Property Type F
Public Remarks GREAT INVESTMENT OPPORTUNITY!! Professionally managed
Roof Comp Shingle
School District 001 - Phoenix Elementary District
Sewer Sewer - Public
Status Active
Subdivision LAS FLORES
Tenant Pays Electric
Water City Franchise
Year Built 1947
Zoning R5

Interior Features

1 Bedroom Units: # 1 Bedroom Units 2
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 350
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 750
Appliances Included Disposal, F/S Oven/Range, Refrigerator, W/D Hookup
Floors Ceramic Tile
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions IRR
Total Parking Spcs 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85007

Price
AVG $490K
$620K
Taxes
AVG $794
$862
Visits
AVG 36
19
Year Built
AVG 1939
1947

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