3123 W ALMERIA Road $1,200,000

    Close

    3123 W ALMERIA Road Phoenix, AZ 85009

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6197890
    Favorite Share
    Views: 3 Days On Site: 7

    Go Tour This Home

    Schedule A Showing

    Property Details

    Northwest Apartments is centrally located just West of downtown Phoenix. Two 4 plex's on separate parcels but need to be sold together. 3123 and 3121 W Almeria. The sale includes two parcels: 108-26-107C and 108-26-108C. There are eight uncovered spaces plus ample street parking. All units are one bedroom one bath units and current rental rates are averaging 850 but room to raise to 950. Current proforma cap with raised rents are 5.5 cap. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

    • General Features
      • Community Amenities No Pool
      • County Maricopa
      • Covered Parking Spcs 0.00
      • Cross Street 32nd Ave & McDowell
      • Directions East on McDowell, North on 32nd Ave, East on Almeria to property
      • Gas SW Gas
      • Marketing Name Northwest Apartments
      • New Financing Conventional,Wraparound
      • Parking 1 Space/Unit,Street Parking
      • Project Type 5 - 12 Units,Four Plex
      • Roofing Comp Shingle
      • Subdivision NORTHWEST HOMESITES 2 BLKS 20-26
      • Tax Municipality Maricopa - COUNTY
      • Taxes $2,791
      • Total Units 8.00
      • Year Built 1966
      • Zoning R-4
    • Building Features
      • Construction Block
      • Appliances Included F/S Oven/Range,Refrigerator,W/D Hookup
      • Floors Concrete,Vinyl/Composition
      • Cooling Evaporative,Individual
      • Heating Ceiling Fan(s),Electric,Individual,Window/Wall Unit(s)
      • Interior Amenities Unfurnished
    • Room Features
      • # 1 Bedroom Units 8
      • 1 Bedroom Units: Avg Rent 950.00
      • 1 Bedroom Units: Avg SqFt 550
      • 1 Bedroom Units: # Baths 1
      • # 2 Bedroom Units 0
      • 2 Bedroom Units: # Baths 0
      • 2 Bedroom Units: Avg Rent 0.00
      • 2 Bedroom Units: Avg SqFt 0
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 35
      • Tenant Pays Cable TV,Electric,Gas
      • Owner Pays Sewer,Water
      • Income & Expenses: Totl Mnth Rntal Inc 7600.00
      • Income & Expenses: Net Operating Income 66934.00
      • Income & Expenses: Gross Annual Sch Inc 91200.00
      • Income & Expenses: Adjusted Gross Inc 86640.00
      • Legal Info: Range 2E
      • Legal Info: Lot Number 5
      • Total Parking Space 8.00
      • Total Number Spaces 0
      • Electric APS
      • Exterior Amenities Cable TV Available,Desert Landscaping
      • Sewer Sewer - Public
      • Water City Franchise
    • Schools
      • School District 210 - Phoenix Union High School District

    Contact

    Neighborhood

    85009 (Phoenix) Demographics

    28 Median Age
    2,945 Population Density (per sq. mile)
    9% College Educated
    $23,302 Estimated Median Income
    5,124 Estimated Total Home Owners
    6,736 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    46,006 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    34 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,200,000
        2/22/2021 10:56:00 PM New in Database Source New Value: $1,200,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 3/1/2021 8:15:19 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Tangible Wealth A Luxury Real Estate Company.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.