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1338 E Cinnabar Avenue

Phoenix, AZ 85020
  • $450,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 6370301
UPDATED: 87 min ago
$450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity!!! Wonderful income producing Phoenix duplex on an oversized lot in a great location! Both units are 2 bed 1 bath, the rear unit is slightly larger at just over 900 sqft. New windows on both units. Rear unit was fully remodeled with all new kitchen cabinets/countertops, windows, paint, bathroom and kitchen plumbing fixtures, all new plumbing/sewage run, electrical fixtures, hardware, trim, etc. Both units are tenant occupied. Both units have private yards with storage sheds. Both units have newer water heaters. New cedar privacy fence along the back of the property. Each unit has its own laundry room with hookups, tenants have provided their own washer/dryers.

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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 The Copa Team | The Maricopa Real Estate Company. Data last updated 2022-05-16T00:17:08.97.
www.findmaricopa.com/homes/126927149
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1338 E Cinnabar Avenue Phoenix, AZ 85020

  • Price: $450,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 87 min ago
  • MLS #: 6370301
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Mountain Home Tract Lots 1 Thru 4 15 16 25 Thru 32
County:
Maricopa
Area:
Phoenix
School District:
006 - Washington Elementary District
Property Description
Excellent investment opportunity!!! Wonderful income producing Phoenix duplex on an oversized lot in a great location! Both units are 2 bed 1 bath, the rear unit is slightly larger at just over 900 sqft. New windows on both units. Rear unit was fully remodeled with all new kitchen cabinets/countertops, windows, paint, bathroom and kitchen plumbing fixtures, all new plumbing/sewage run, electrical fixtures, hardware, trim, etc. Both units are tenant occupied. Both units have private yards with storage sheds. Both units have newer water heaters. New cedar privacy fence along the back of the property. Each unit has its own laundry room with hookups, tenants have provided their own washer/dryers.
Exterior Features

Construction BlockFrame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 60X150 Parking 1 Space/Unit Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 725 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/RangeRefrigerator Cooling Electric Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileConcrete Heating Electric Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 982.00 2 Bedroom Units 2 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 94272.00 Annual Elec Exp 0.00 Annual Ins Exp 672.00 Annual Landscape Exp 0.00 Annual Maint Exp 2000.00 Annual Mgmt Exp 1641.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 1500.00 Community Amenities No Pool Cross Street Cave Creek And Mountain View Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Other (See Remarks) Gross Annual Sch Inc 23568.00 Hoa YN No Net Operating Income 15900.00 New Financing ConventionalNo Carry Operating Exp 6489.00 Other Income 0.00 Owner Pays OtherSewerTrash CollectionWater Project Type Duplex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 676.00 Tenant Pays ElectricOther (See Remarks) Vacancy Allowance 5.00 Water City Franchise Zoning R3

Listing provided by Rosenbaum Realty Group: (480) 588-1333 ext- 1.


© 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 The Copa Team | The Maricopa Real Estate Company. Data last updated 2022-05-16T00:17:08.97.
 
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The Copa Team | The Maricopa Real Estate Company
21300 N John Wayne Pkwy, Ste 101
Maricopa AZ, 85139-8964