iLOW INTEREST (2%) ASSUMABLE FINANCING FOR QUALIFIED BUYERS.Well maintained, cash-flowing portfolio of (5) fourplexes in Phoenix. Located 4 miles west of downtown Phoenix, the property features (20) 2 bed / 1 bath units that average 573sf.Inside, the units were extensively remodeled in 2008 with all new kitchen cabinets, marble counter tops and all new copper plumbing.iiOn the exterior, the roof and air conditioning units were replaced. Fenced courtyards provide a private and secure area for the tenants to use. Each unit has 1 parking space.The property is individually metered for electricity. Gas and water/sewer/trash are master metered.

Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingPartially Fenced Lot Size Dimensions Unknown Parking 1 Space/UnitStreet Parking Roads Asphalt Roofing Other (See Remarks)

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 573 2 Bedroom Units Baths 20 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/RangeRefrigerator Cooling Ceiling Fan(S)Central A/CElectricIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteOther Heating ElectricIndividual Interior Amenities Unfurnished

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 714.00 2 Bedroom Units 20 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 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 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 Community Amenities No Pool Cross Street Washington And 33rd Ave Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Master MeterSw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Affordable HousingOther (See Remarks) Operating Exp 2810.00 Other Income 0.00 Other Type Packaged Offering Owner Pays GasLandscapingSewerTrash CollectionWater Project Type 13 - 24 Units Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Phoenix Taxes 2810.00 Tenant Pays Cable TvElectric Totl Mnth Rntal Inc 0.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning R-5

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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 2022-05-22T19:13:40.777.

3224 W Madison Street

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3224 W Madison Street Phoenix, AZ 85009

Property Description

Construction	Block
Construction Finish	Painted Stucco
Covered Parking Spaces	0.00
Exterior Amenities	Desert Landscaping Partially Fenced
Lot Size Dimensions	Unknown
Parking	1 Space/Unit Street Parking
Roads	Asphalt
Roofing	Other (See Remarks)

1 Bedroom Unit Avg Sq Ft	0
1 Bedroom Unit Baths	0
2 Bedroom Unit Avg Sq Ft	573
2 Bedroom Units Baths	20
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/Range Refrigerator
Cooling	Ceiling Fan(S) Central A/C Electric Individual
Efficiency Unit Avg Sq Ft	0
Efficiency Unit Baths	0
Floors	Concrete Other
Heating	Electric Individual
Interior Amenities	Unfurnished

1 Bedroom Unit Avg Rent	0.00
1 Bedroom Units	0
2 Bedroom Unit Avg Rent	714.00
2 Bedroom Units	20
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	0.00
Annual Elec Exp	0.00
Annual Gas Exp	0.00
Annual Ins Exp	0.00
Annual Land Lse Exp	0.00
Annual Landscape Exp	0.00
Annual Legal And Acctg	0.00
Annual Maint Exp	0.00
Annual Mgmt Exp	0.00
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
Community Amenities	No Pool
Cross Street	Washington And 33rd Ave
Efficiency Unit Avg Rent	0.00
Efficiency Units	0
Electric	Aps Individual Meter
Gas	Master Meter Sw Gas
Gross Annual Sch Inc	0.00
Hoa YN	No
Net Operating Income	0.00
New Financing	Affordable Housing Other (See Remarks)
Operating Exp	2810.00
Other Income	0.00
Other Type	Packaged Offering
Owner Pays	Gas Landscaping Sewer Trash Collection Water
Project Type	13 - 24 Units
Sale Includes	Land & Building Laundry Equipment
Sewer	Sewer - Public
Source Of Financial Data	Projected Proforma
Tax Municipality	Phoenix
Taxes	2810.00
Tenant Pays	Cable Tv Electric
Totl Mnth Rntal Inc	0.00
UCB	Ucb (Under Contract-Backups)
Vacancy Allowance	0.00
Water	City Franchise Master Meter
Zoning	R-5