844 N 4TH Avenue

    Phoenix, AZ 85003
    • $849,000
    • STATUS: Active
    • ON SITE: 152 days
    • MLS #: 5725954
    UPDATED: 67 min ago
    $849,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Description

    Incredible 5,040SF building for sale in the Roosevelt District. Currently being occupied by an escape room gaming company, the tenant will be vacating the building on 9/30/2018. This is the perfect opportunity to convert the building into multifamily or to become an owner/user.Formerly used for many years as a law office, this property has a lot of potential uses because of its zoning C-DT (Commercial Downtown). Owner has had an architect create a layout for a 9-unit apartment complex (See Pictures). Building has gated parking in the back.

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    © 2018 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Pete Dijkstra Team | Keller Williams Integrity First Realty. Data last updated 2018-07-23T00:12:58.993.
    www.anyazhome.com/homes/80914129

    844 N 4TH Avenue Phoenix, AZ 85003

    • Price: $849,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 5725954
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1990
    Built
    Neighborhood:
    Bennett Place A-B-C, H-I-J
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    Incredible 5,040SF building for sale in the Roosevelt District. Currently being occupied by an escape room gaming company, the tenant will be vacating the building on 9/30/2018. This is the perfect opportunity to convert the building into multifamily or to become an owner/user.Formerly used for many years as a law office, this property has a lot of potential uses because of its zoning C-DT (Commercial Downtown). Owner has had an architect create a layout for a 9-unit apartment complex (See Pictures). Building has gated parking in the back.
    Exterior Features

    Construction Block Construction Finish Stone Covered Parking Spaces 0.00 Exterior Amenities Landscape Wtr SystemGreen LandscapingFencedCable Tv AvailablePatio/Balcony Lot Size Dimensions 0 Parking Paved ParkingStreet Parking Roads Asphalt/Blacktop Roofing FoamPartial TileRolled Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included RefrigeratorDishwasherMicrowaveW/D Hookup Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 400 Efficiency Unit Baths 1 Floors CarpetCeramic Tile Heating Electric Interior Amenities UnfurnishedShuttersSecurity Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 66000.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1147.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 2713.00 Annual Legal And Acctg 0.00 Annual Maint Exp 742.00 Annual Mgmt Exp 189.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Auction No Community Amenities No Pool Cross Street N 4th Ave & W Roosevelt St Efficiency Unit Avg Rent 900.00 Efficiency Units 9 Electric Aps Gas None Gross Annual Sch Inc 66000.00 Hoa YN No Net Operating Income 44784.00 New Financing FhaConventional1031 ExchangeLease OptionSeller May CarryVa Operating Exp 21701.00 Other Income 0.00 Other Type House + Rental UnitsHotel/Motel Owner Pays Landscaping Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 16910.00 Tenant Pays WaterSewerElectricTrashCable Tv Vacancy Allowance 0.00 Water City Franchise Zoning C-Dt

    Listing courtesy of Lra Real Estate Group, Llc.
    © 2018 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Pete Dijkstra Team | Keller Williams Integrity First Realty. Data last updated 2018-07-23T00:12:58.993.
     
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