$679,000 Price Analysis 2036 W Cactus RdPhoenix, AZ 85029 Unknown bed 0 bath unknown SqFt ($0/SqFt) Built 1963 Listed 2024-04-23, Taxes $1,668 | Ⓧ USDA Ineligible due to location near Phoenix |
Great 4 unit property all with 2 bedrooms and 1 bathroom. 3 of the units have been ext ensively remodeled with new flooring, new kitchen cabinets, counters and appliances, new vanities, tubs and toilets, popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owned 4 plex buildings.
Units C and D have private fenced yards. Roof was new in 2018. Unit A - new A/C in 2023. Unit D - new A/C in 2021. Unit C - new A/C in 2020. 100% occupied at below market rates. Market rents indicate a $1250-$1350 per month rate is possible, making the CAP rate a trrific 7%+. Community laundry. NO HOA!
Presented by Tyler Nick at
Mcmath Realty Llc.
Property MLS #6695476 from ArizonaRegionalMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $19,850 + $4,960 $24,810 | $1,668 |
2020 | $18,250 + $4,560 $22,810 | $1,647 |
2019 | $15,950 + $3,980 $19,930 | $1,617 |
2018 | $13,040 + $3,260 $16,300 | $1,575 |
2017 | $12,220 + $3,050 $15,270 | $1,567 |
2016 | $11,810 + $2,950 $14,760 | $1,538 |
2015 | $11,560 + $2,890 $14,450 | $1,425 |
2014 | $9,190 + $2,290 $11,480 | $1,517 |
2012 | $5,900 + $1,470 $7,370 | $1,200 |
2011 | $6,730 + $1,680 $8,410 | $1,152 |
2009 | $22,680 + $5,670 $28,350 | $2,279 |
2008 | $17,980 + $3,660 $21,640 | $1,909 |
2007 | $11,720 + $2,930 $14,650 | $1,591 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.