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2103 W Morten Avenue

Phoenix, AZ 85021
  • $2,385,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 6384766
UPDATED: 63 min ago
$2,385,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Ratings & Info

Description

Morten Apartments is a 9-unit apartment community located in the center of Phoenix just off the hwy I-17 and Northern. The Community is within a walking distance of Orange wood Elementary School. Within less than a 2-mile radius Morten is surrounded by big box stores such as Walmart, Target, Fry's Marketplace, Ross, Harkins Theatre, Bowlero bowling alley, and much more. These stores gives the residents many options to work, shop, and have fun.Martin Apartments is a single story 9 unit complex that consists of 2 studios, (2) 1-bedroom, (4) 2-bedroom, and (1) 3-bedroom units. Each unit is individually metered for electricity. 5 of the 9 units have private yards. There is a storage room for maintenance and a laundry facility that is not currently being used, which adds value for new owner!!

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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 2022-05-17T00:17:38.657.
www.findmaricopa.com/homes/127770606
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2103 W Morten Avenue Phoenix, AZ 85021

  • Price: $2,385,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 63 min ago
  • MLS #: 6384766
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1968
Built
Neighborhood:
Vista Income Estates 2
County:
Maricopa
Area:
Phoenix
School District:
006 - Washington Elementary District
Property Description
Morten Apartments is a 9-unit apartment community located in the center of Phoenix just off the hwy I-17 and Northern. The Community is within a walking distance of Orange wood Elementary School. Within less than a 2-mile radius Morten is surrounded by big box stores such as Walmart, Target, Fry's Marketplace, Ross, Harkins Theatre, Bowlero bowling alley, and much more. These stores gives the residents many options to work, shop, and have fun.Martin Apartments is a single story 9 unit complex that consists of 2 studios, (2) 1-bedroom, (4) 2-bedroom, and (1) 3-bedroom units. Each unit is individually metered for electricity. 5 of the 9 units have private yards. There is a storage room for maintenance and a laundry facility that is not currently being used, which adds value for new owner!!
Exterior Features

Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Guard GatePatio/BalconySeparate Storage Lot Size Dimensions 18200 Parking 1 Space/Unit Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 650 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 700 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 750 3 Bedroom Unit Baths 1 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeF/S Oven/Range Cooling Central A/CElectric Efficiency Unit Avg Sq Ft 600 Efficiency Unit Baths 1 Floors Ceramic Tile Heating Electric

Property Features

1 Bedroom Unit Avg Rent 1000.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 1500.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 1500.00 3 Bedroom Units 2 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 135265.68 Annual Elec Exp 3842.00 Annual Ins Exp 3270.00 Annual Landscape Exp 4200.00 Annual Maint Exp 3315.00 Annual Mgmt Exp 1200.00 Annual Ownr Asoc Fee 0.00 Community Amenities No Pool Cross Street 21st Ave And Northern Efficiency Unit Avg Rent 1083.00 Efficiency Units 2 Electric Srp Gas None Gross Annual Sch Inc 136632.00 Hoa YN No Net Operating Income 118482.00 New Financing ConventionalNo Carry Operating Exp 18150.00 Other Income 0.00 Owner Pays None Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Firpta May Apply Tax Municipality Phoenix Taxes 2323.00 Tenant Pays ElectricSewerWater Vacancy Allowance 0.01 Water Individual Meter Zoning R-3

Listing provided by American Realty Brokers: (602) 955-6606.


© 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 2022-05-17T00:17:38.657.
 
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The Copa Team | The Maricopa Real Estate Company
21300 N John Wayne Pkwy, Ste 101
Maricopa AZ, 85139-8964