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1615 W Desert Cove Avenue

Phoenix, AZ 85029
  • $560,000
  • STATUS: Closed
  • ON SITE: 56 Days
  • MLS #: 6374451
Sold - 05/12/2022
$560,000
SOLD - 05/12/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1974
County:
Area:

School Ratings & Info

Description

Fantastic income producing property! All 3 units total 2193 Sq Ft. All units currently occupied w/long-time reliable tenants renting month-to-month. Duplex Units rent could easily be raised to $850.00 each. Main house could rent for $1,100.00. All units remodeled approx 5 yrs ago w/dual pane windows, kitchen & bath upgrades, blinds, ceiling fans, painting, patio roofs, & more. This is a low maintenance, hands off, income producing, multi-family in an excellent location! Each unit has covered parking & laundry hook-ups. New A/C unit #2 in 2018, New Refrigerator #2-2020, Newer Carport roofing-all units. Newer kitchen faucets/disposals all units. Front landscaping rock-2022.DO NOT WALK THE GROUNDS OR DISTURB THE TENANTS!! NO SHOWINGS WITHOUT AN ACCEPTED CONTRACT!!Front unit is separate dwelling. Sq footage is 870 and rents for $685. The duplex building has 661 sq ft each unit. $660 a month-each unit.

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© 2022 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 Balboa Realty. Data last updated 2022-05-22T07:15:20.8.
www.balboarealtyaz.com/homes/127108957
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1615 W Desert Cove Avenue Phoenix, AZ 85029

  • Price: $550,000
  • Status: Closed
  • On Site: 56 Days
  • Updated: 31 min ago
  • MLS #: 6374451
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1974
Built
Neighborhood:
Desert Cove Extension Lots 1-4, 13-20, 29-32
County:
Maricopa
Area:
Phoenix
School District:
006 - Washington Elementary District
Property Description
Fantastic income producing property! All 3 units total 2193 Sq Ft. All units currently occupied w/long-time reliable tenants renting month-to-month. Duplex Units rent could easily be raised to $850.00 each. Main house could rent for $1,100.00. All units remodeled approx 5 yrs ago w/dual pane windows, kitchen & bath upgrades, blinds, ceiling fans, painting, patio roofs, & more. This is a low maintenance, hands off, income producing, multi-family in an excellent location! Each unit has covered parking & laundry hook-ups. New A/C unit #2 in 2018, New Refrigerator #2-2020, Newer Carport roofing-all units. Newer kitchen faucets/disposals all units. Front landscaping rock-2022.DO NOT WALK THE GROUNDS OR DISTURB THE TENANTS!! NO SHOWINGS WITHOUT AN ACCEPTED CONTRACT!!Front unit is separate dwelling. Sq footage is 870 and rents for $685. The duplex building has 661 sq ft each unit. $660 a month-each unit.
Exterior Features

Construction BlockSlump Block Construction Finish Painted Covered Parking Spaces 3.00 Exterior Amenities Cable Tv AvailablePartially FencedSatellite DishSeparate Storage Lot Size Dimensions (147.99 X 60.01) Refer To Tax Records To Confirm Parking Add'l Parking AvailAttachedCarport Roads AsphaltCurb(S) & Gutter(S)GravelSidewalk(S) Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 661 2 Bedroom Units Baths 1 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 F/S Oven/RangeMicrowaveRefrigeratorW/D Hookup Cooling Ceiling Fan(S)Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Natural Gas Interior Amenities UnfurnishedVertical Blinds

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 670.00 2 Bedroom Units 3 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 24060.00 Annual Ins Exp 1254.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 2670.00 Community Amenities No Pool Cross Street 19th Ave & Peoria Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Sw Gas Gross Annual Sch Inc 24060.00 Hoa YN No Net Operating Income 17552.00 New Financing ConventionalNo Carry Operating Exp 5620.00 Other Income 0.00 Owner Pays SewerTrash CollectionWater Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Provided By Owner Special Accept Backups (Clo) Tax Municipality Phoenix Taxes 1696.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.00 Water City Franchise Zoning Multi

Listing provided by Homesmart: (602) 230-7600.


© 2022 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 Balboa Realty. Data last updated 2022-05-22T07:15:20.8.
 
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