Skip To Content

    1514 W Sherman Street

    Phoenix, AZ 85007
    • $475,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 6264987
    UPDATED: 53 min ago
    $475,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    Turnkey property! Both house in the front and duplex in the back has been renovated and leased. Available as a cash or conventional financing purchase. Owner pays W/S/T and electric on the duplexConveniently located near downtown Phoenix, I-17, I-10 and minutes away from the ASU campus, shopping and employment opportunities. Drive by only, do not disturb tenants.

    Monthly Payment Calculator



    © 2021 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 Power Realty Group Model Home Center. Data last updated 2021-09-24T20:12:26.697.
    www.searchphoenixvalleyrealestate.com/homes/119358867
    Print Image

    1514 W Sherman Street Phoenix, AZ 85007

    • Price: $475,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 6264987
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1946
    Built
    Neighborhood:
    North Steve Rayburn Subdivision
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    001 - Phoenix Elementary District
    Property Description
    Turnkey property! Both house in the front and duplex in the back has been renovated and leased. Available as a cash or conventional financing purchase. Owner pays W/S/T and electric on the duplexConveniently located near downtown Phoenix, I-17, I-10 and minutes away from the ASU campus, shopping and employment opportunities. Drive by only, do not disturb tenants.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 7080 Sqft Parking 1 Space/UnitFree Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 488 1 Bedroom Unit Baths 1 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 Refrigerator Cooling Electric RefrigeratdWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating ElectricWindow/Wall Unit(S)

    Property Features

    1 Bedroom Unit Avg Rent 983.00 1 Bedroom Units 3 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 33630.00 Annual Elec Exp 1000.00 Annual Ins Exp 1200.00 Annual Landscape Exp 900.00 Annual Maint Exp 1500.00 Annual Mgmt Exp 2690.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 500.00 Annual Wtr Swr Exp 1500.00 Community Amenities No Pool Cross Street 17th Ave And Grand Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 35400.00 Hoa YN No Net Operating Income 23974.00 New Financing 1031 ExchangeNo CarryConventional Operating Exp 9656.00 Other Income 0.00 Other Type House + Rental Units Owner Pays LandscapingWaterTrash CollectionSewerOther Project Type Tri-Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 366.00 Tenant Pays ElectricOther (See Remarks) Totl Mnth Rntal Inc 2950.00 Vacancy Allowance 0.05 Water City FranchiseMaster Meter Zoning R-3

    Listing courtesy of Get Multifamily.


    © 2021 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 Power Realty Group Model Home Center. Data last updated 2021-09-24T20:12:26.697.
     
    https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6264987-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6264987-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_1_6264987-2.jpg
    Logo
    Power Realty Group Model Home Center
    6555 E Southern Ave. #2322
    Mesa AZ, 85206