The Coolidge Apartments are comprised of 2 parcels & 6 buildings, housing (11) 2 BEDROOM units & one studio unit** All individually metered for electricity & ALL with A/C's (most units have newer HVAC's)* The five duplex buildings are ALL 2 bedroom units with updated electrical, individual yards, ATTACHED storage,*TENANT FAVORED PRIVATE driveways & CARPORTS allowing tenants to park RIGHT NEXT TO THEIR UNITS & unload groceries directly into the kitchen! These amenities help keep TURNOVER to a minimum! The current rents are under market as the above features are being overlooked by the management HOWEVER occupancy has always been excellent! Tenants are responsible for their own electric/gas expenses Owner pays water/trash. Buyer to verify ALL items of concern prior to end of due diligence
Age: Over 50 Years Old
Appliances: Oven, Refrigerator
Architecture Style: Other
Cooling System: Heat Pumps
Exterior Type: Stucco
Floor Covering: Carpet, Tile - Ceramic, Vinyl
Heating Fuel: Electric
Heating System: Heat Pump
Parking Type: Assigned, Carport, Paved or Surfaced
The City of Phoenix is offering a City Rehabilitation Grant Loan on this property. The funds can be used to for items such as new roofs, AC units, windows, landscape, parking, laundry facilities, appliances, flooring, electric, plumbing, etc. See the attached program for details. Call for city personnel contacts and more information. Purchase now, do the upgrades and add this to your retirement portfolio. This Streamline Operation is rent ready now with low maintenance and low costs or add the City Program Funding. 3 identical buildings each with 4 apartments totaling 12 apartments. Property is located on a large lot with lighted buildings, laundry room, fenced, covered parking. Near the I17 Freeway at 24th Ave and Grand Canyon University at 35th Ave.
This a solid performer! Six units on one lot - a single family home with 3 bedrooms, 3 two bed units, 1 one bed unit and a studio! That's the best unit mix! Nicely maintained! Buyer to verify all items prior to end of the due diligence period.
NICE BIG BUILDING WITH 4 RENTAL UNITS. COULD BE AN OWNER OCCUPIED AND RENT THE OTHER 3 OR SIMPLY USE IT AS INCOME PROPERTY. COMPLEX IS LOCATED TO ALL AMENITIES, LIGHT RAIL, HOSPITALS AND SHOPPING. LONG TERM TENANTS IN THIS COMPLEX AND ALL OF THEM WOULD LOVE TO STAY.
Cash Cow Investment property-this property consists of 1-3bedroom single family home built 1947 and 2 duplex properties built in 1977 and 1980-ALL UNITS CURRENTLY RENTED-property has been fully rented since owner purchase 3 years ago-All buildings have A/C units-3 of the A/C units are newer within last 3 years-All buildings have new roofing June 2015-Electrical panel has been updated-Sewer piping has been repaired-2 of the 4 Duplex units are government subsidized rent arrangements-INFORMATION PROVIDED IS DEEMED RELIABLE BUT BUYER IS ADVISED TO VERIFY ALL INFORMATION AND MATERIAL FACT-Proof of Cash Funds or Financing must be submitted with all offers to be considered a viable offer.
Triplex, Fully Rented at $550 ea.plus Elec + Gas, Owner pays water... Each unit is 2bd/1bath. aprox 900 sqft ea.mostly ceramic tile thought out. All 1 level in 1 building, Block cnst.Ceramic and Vinyl floorig, Laundry hook ups in every unit; APPLIANCES belong to the Tenants., At this point Owner prefers to sell this property with SELLER Financing at 7% Int. amortized at 30 yrs. ballon in 15 with only $35,000 down.(WILLING TO NEGOCIATE TERMS/$DOWN :)note: FINANTIALS WILL BE PROVIDED ASAP.,
THIS PROPERTY CONTAINS 2 HOMES.LIVE IN ONE RENT OUT THE OTHER.THE NEWER REAR HOME BUILT 1982,2BEDS/1BATH,APPROX 1150 SQFT.MOVE IN READY.NEW PAINT,ALL TILE,WALKIN CLOSETS,VAULTED CEILINGS,NEW KITCHEN CABINETS,GRANITE COUNTERS,APPLIANCES INCLUDED.2ND FRONT HOME 2BEDS/1BATH(CURRENTLY RENTED)(DO NOT DISTURB OCCUPANTS)APPROX YEAR 1948,APPROX 960 SQFT.TILE,BOTH HOMES HAVE NEWER ROOFS & ACS.
Investor's Income Dream. Fully rented apartment building with 3 one bedroom units and 1 two bedroom unit. Low maintenance on large fenced lot with laundry rooms and covered parking. Block walls, tile floors. Electric lines, plumbing, windows, and sewer pipes have been replaced. Gas lines are available/disconnected. Laundry rooms have leased income producing coin operated appliances. This is one of 3 identical buildings. All 3 are being sold together for $479,000. Properties are marketed separately for financing only and will not be split up. Simple Make Sense/Cents Management Style. No frills, low expenses. Seller recommends buyer to stay with the plan.
Investor's Income Dream. Fully rented apartment building with 3 one bedroom units and 1 two bedroom unit. Low maintenance on large fenced lot with laundry rooms and covered parking. Block walls, tile floors. Electric lines, plumbing, windows, and sewer pipes have been replaced. Gas lines are available/disconnected. Laundry rooms have leased income producing coin operated appliances. Simple Make Sense/Cents Management Style. No frills, low expenses. Seller recommends buyer to stay with the plan. This is one of 3 identical buildings. All 3 are being sold together for $479,000. Properties are marketed separately for financing only and will not be split up.