1325 E Hatcher Road

    Phoenix, AZ 85020
    • $270,000
    • STATUS: Active Under Contract
    • ON SITE: 24 days
    • MLS #: 6043808
    Under Contract
    UPDATED: 55 min ago
    $270,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Description

    Two 2/1 units bringing in monthly rental income of $1,625. The property sits on a 9000 SQ FT. lot across from a neighborhood park with fantastic Mountain Views! Roof was replaced in 2016 and has a transferrable 5 year warranty. It's been well maintained and is easy to manage. There is alot of room for rental rate increase!One of the tenants is going on six years and the other three years. The first lease is month to month. The second expires October 2020.Drive by only. Tenants rights, please do not disturb. Interior showing with accepted contract only.

    Monthly Payment Calculator



    © 2020 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 Nate Martinez Team | RE/MAX Professionals. Data last updated 2020-03-29T19:10:23.097.
    www.natemartinezteam.com/homes/103813199

    1325 E Hatcher Road Phoenix, AZ 85020

    • Price: $270,000
    • Status: Active Under Contract
    • Updated: 55 min ago
    • MLS #: 6043808
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1952
    Built
    Neighborhood:
    Hillier Hts
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    006 - Washington Elementary District
    Property Description
    Two 2/1 units bringing in monthly rental income of $1,625. The property sits on a 9000 SQ FT. lot across from a neighborhood park with fantastic Mountain Views! Roof was replaced in 2016 and has a transferrable 5 year warranty. It's been well maintained and is easy to manage. There is alot of room for rental rate increase!One of the tenants is going on six years and the other three years. The first lease is month to month. The second expires October 2020.Drive by only. Tenants rights, please do not disturb. Interior showing with accepted contract only.
    Exterior Features

    Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities FencedCable Tv AvailablePatio/BalconySecurity Light(S) Lot Size Dimensions 75X120 Parking >1 Space Per Unit Roads AsphaltConcreteSidewalk(S) Roofing Rolled

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 760 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 Central A/CElectric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Heat Pump Interior Amenities UnfurnishedFire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 813.00 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 18915.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 600.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 292.00 Annual Legal And Acctg 0.00 Annual Maint Exp 500.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 1400.00 Community Amenities No Pool Cross Street E. Hatcher Rd & N 13th Place Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 19500.00 Hoa YN No Net Operating Income 17308.00 New Financing FhaConventionalCtlVaNo Carry Operating Exp 4128.60 Other Income 0.00 Owner Pays WaterSewer Project Type Duplex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Status Update Multiple Offers Recd Tax Municipality Phoenix Taxes 1336.60 Tenant Pays ElectricGas UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.03 Water City Franchise Zoning R1-6

    Listing courtesy of My Home Group Real Estate.


    © 2020 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 Nate Martinez Team | RE/MAX Professionals. Data last updated 2020-03-29T19:10:23.097.
     
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