$1,295,000

Estimated payment $7,433/month

Total Views 2,714
-- Bed
-- Bath
6,460 Sq Ft
$200 Price per Sq Ft

Highlights

  • 0.51 Acre Lot
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

Amazing Investment opportunity located in strong central neighborhood in the City of Phoenix. Three parcels being sold together. APN 153-25-084A (Lot Size 6,880 Sq Ft), 153-25-085A (7,740 Sq Ft) and 153-25-086A (7,740 Sq Ft) - see parcel map under doc tap. Total Building Size: 6,460 Sq Feet. Current use: Tenants are Pepe's Taco Villa and Landgrave Mexican Imports (Steel Gate Fabrication/Tax preparation). Same tenants for 18 years with minimal rent increases that are well under market. Currently Zoned: [C-2] COMMERCIAL, COMMUNITY. Price to sell, minutes to freeways: I-10, I-17, SR52, SR101, SR202 and Lightrail. Hard corner intersection near major thoroughfares value add retail/commercial real estate opportunity. Buyer to verify all information.

Listing Agent

Carrie Black-Montano

Realty ONE Group License #SA560149000

Realty ONE Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1934

Lot Details

  • 0.51 Acre Lot
  • Property is zoned [C-2] COMMERCIA

Interior Spaces

  • 6,460 Sq Ft Home
  • Concrete Flooring

Parking

  • 18 Open Parking Spaces
  • 18 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 153-25-086-A

Community Details

Overview

  • 2 Buildings
  • Central Gardens Subdivision

Building Details

  • Operating Expense $2,464
  • Net Operating Income $28,000

Property Details

Property Type

Other

Est. Annual Taxes

$2,464

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Cross Street: 21st Ave and Camelback
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: [C-2] COMMERCIA
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1934
  • Tax Year: 2021
  • Lot Size Acres: 0.51
  • Subdivision Name: Central Gardens
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 6460.0

Exterior Features

  • Fencing: Other
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other, Paved
  • Attached Garage: No
  • Open Parking Spaces: 18.0
  • Total Parking Spaces: 18.0
  • General Property Description:Uncvrd Parking Spcs: 18.0
  • General Property Description:Total Parking Spcs: 18.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central Air
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other

Lot Info

  • Lot Size Sq Ft: 22360.0
  • Parcel #: 153-25-086-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 28000.0
  • Annual Operating Expense: 2464.0
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 2464.0
  • Tax Book Number: 153.00
  • Tax Lot: 13
  • Tax Map Number: 25.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 For Sale $1,295,000 -- $200 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6689045

Arizona Regional Multiple Listing Service (ARMLS)