Located in the heart of the Central Camelback Corridor! This Gorgeous 100% Occupied 10 Unit Complex has retained its Mid Century Charm and is surrounded by Beautiful Homes in this Highly Sought after area! Fully Remodeled Units with Updated Kitchens and Baths. Porcelain Tile Throughout, Solid Wood Cabinets, Quartz Countertops, Updated Fixtures and Ceiling Fans, Newer Front and Back Doors, Hardware and Blinds throughout. Laundry Room with owned units. Tile roof replaced in 2013. This property checks all of the boxes!* One minute walk to Central/Camelback Valley Metro Light Rail* One minute walk to the newly refurbished Uptown Plaza which houses multiple award winning restaurants, shops, and retail.* In the heart of the St. Francis Historic District
- Price:
- $2,145,000
- Year Built:
- 1951
- Listing ID #:
- 5874240
- Street Address:
- 114 E Mariposa St
- City:
- Phoenix
- State:
- Arizona
- Postal Code:
- 85012
- County:
- Maricopa
- Subdivision:
- St Francis Place
- Listing Status:
- Under Contract-Backups
5-8
1020 students
21 student/teacher
9-12
2250 students
15 student/teacher
- Construction Description:
- Brick, Slump Block
- Flooring:
- Other (see Remarks)
- Interior Features:
- Unfurnished, Fire/Smoke Alarm(s), Mini Blinds
- Number Of Units:
- 10.00
- Siding:
- Painted
- Type Of Roof:
- All Tile
- Year Built:
- 1951
- Adjusted Gross Income:
- 155394.00
- Annual Electric Expenses:
- 580.00
- Annual Insurance Expenses:
- 2200.00
- Annual Landscape Expenses:
- 1800.00
- Annual Legal & Accounting Expenses:
- 1500.00
- Annual Maintenance Expenses:
- 2500.00
- Annual Management Expenses:
- 7800.00
- Annual Trash Expenses:
- 2070.00
- Annual Water/Sewer Expenses:
- 6000.00
- Net Operating Income:
- 127771.00
- Operating Expense:
- 27929.00
- Conforms To Zoning:
- R-3
- Community Features:
- No Pool
- Contingency Type:
- Ucb (under Contract-Backups)
- Included In Sale:
- Land & Building, Laundry Equipment
- Terms:
- Conventional, 1031 Exchange, No Carry
- Property Taxes:
- $3,479
- Tenant Pays:
- Electric, Cable Tv
- Parking Description:
- 1 Space/Unit, Assigned
- Parking Spaces:
- 10.00
- Appliances:
- F/S Oven/Range, Refrigerator
- Cooling System:
- Electric Refrigeratd, Individual
- Electricity:
- Aps
- Existing Water:
- Master Meter, City Franchise
- Heating:
- Heat Pump, Ceiling Fan(s)
- Sewage Type:
- Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
- Listings Provided by Keller Williams Arizona Realty
- Schools information provided by ATTOM
