3810 N Maryvale Parkway #1004 Phoenix, AZ 85031

Multi-Family MLS #: 5770806 Listed By CENTURY 21 Arizona Foothills

$529,000

9 baths
 
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Property Description

Great investment opportunity. Seven plus cap rate. Nine units in a professionally maintained community with on site management. Eight are one bedroom one bath and one two bedroom one bath. Fully occupied with good tenants in place.Each unit has laundry area with washer and dryer included. Conveniently located near freeways, dining, shopping and Brewers spring training complex. Children's playground and two large community pools that are well maintained. Excellent rental income potential. Units here have been appreciating and do not last long on the market. Well maintained units with very little deferred maintenance.

Features

  • Appliances: Dishwasher
  • Appliances: Dryer
  • Appliances: Microwave
  • Appliances: Range / Oven
  • Appliances: Refrigerator
  • Appliances: Washer
  • Area Amenities: Area Pool
  • Cooling: A/C
  • Cross Docks: N
  • Expenses: 35934.00
  • Exterior Description: Wood Frame
  • Exterior Description: Stucco
  • Flooring: Linoleum
  • Flooring: Tile
  • Flooring: Wall to Wall Carpet
  • For Auction: N
  • Full Bathrooms: 9
  • Gross Income: 73800.00
  • Heating - Fuel Type: Electric
  • Level Number: 2
  • MLSID: 5770806
  • Net Operating Income: 37366.00
  • Parking Places: 18
  • Pool Description: Inground
  • Pool Description: Pool
  • Pre-Wiring: Cable
  • Price Upon Request: N
  • Sewer: Public
  • Style: Multi-Family (5-20 Units)
  • Sublease: N
  • Tax Year: 2017
  • Taxes: $4000.00
  • Total Units: 9
  • Water: City Water
  • Year Built: 1983

85031 (Phoenix, AZ)

Take a closer look

Closest Airport
Phoenix Sky Harbor International
Closest College
GRAND CANYON UNIVERSITY
Closest Major Sports Team
ARIZONA BREWERS ®
Closest Junior College
ARIZONA AUTOMOTIVE INSTITUTE

Demographic Data | 85031 (Phoenix, AZ)

Vacant Dwellings: 1,039
Owner Occupied Dwellings: 4,416

Ethnic Background

52% White
5% African American
5% American Indian
0% Native Islander
1% Asian
4% Multiple Types
33% Other
Total Population: 31,382
Population per Sq. Mile: 7,739
Population Change Since 2000: 6.21%
Households w/Children: 3,618
Median Age: 28
Household Income: 32,133K