Seller Financing
Address
412 N 17Th Drive Phoenix, AZ
Price
$ 775,000
Property Attributes
  • MLS#6241290
  • TypeBackup
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodOakland
  • Zip85007
  • Style
  • Year Built1962
  • Taxes$ 1137
  • Price$ 775,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2659
Listing Provided Courtesy Of:
S. J. Fowler Real Estate Inc.
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Plug & Play 4 unit in the sought after Oakland Historic District near State of AZ government buildings in heart of Downtown Phoenix. SELLER FINANCING with attractive terms. Significantly upgraded & stabilized. 6 CAP +/- with close to $5,000/month of rental/additional income! 100% occupied, excellent tenants. Well-managed/operated by local owner. Perfect handoff to new owner. Two duplex buildings on a 8700 SF lot. Front building is 1227 SF (two 1/1's @ 614 SF), built in 1958. Rear building is 1431 SF (one 1/1 @ 614 SF w/ 2/1 @ 817 SF), built in 1962. Upgraded in all of the right places. Tenant paid electric. Owner paid w/s/t. Rents, w/s, yard #'s actual. Other expenses approximate. Seller Financing Terms (not required): 20% down, 4.5% int-only, 3 yr balloon, pre-pay. See attached OM.

Price History
5/26/2021 Listed $775,000

General Features

1 Bedroom Units: Avg Rent 1137.00
2 Bedroom Units: Avg Rent 1432.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Evaporative, Window/Wall Unit
Electric APS, Individual Meter
Exterior Features Desert Landscaping, Fenced, Other (See Remarks), Patio/Balcony, Security Light(s)
Features No Pool, Other (See Remarks)
Gas Y/N None
Heating Window/Wall Unit(s)
Interior Features Fire/Smoke Alarm(s), Other (See Remarks), Unfurnished
Map Code/Grid Q34
Net Income 0.00
New Financing 1031 Exchange, Conventional, Other (See Remarks), Seller May Carry
Owner Pays Sewer, Trash Collection, Water
Parking <1 Space Per Unit, Add'l Parking Avail, Other (See Remarks), Street Parking
Property Type F
Roof Comp Shingle
School District 001 - Phoenix Elementary District
Sewer Sewer - Public
Status Active
Subdivision OAKLAND
Tenant Pays Cable TV, Electric
Water City Franchise, Master Meter
Year Built 1962
Zoning R-5

Interior Features

1 Bedroom Units: # 1 Bedroom Units 3
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 614
2 Bedroom Units: # 2 Bedroom Units 1
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 817
Appliances Included BI Oven/Range, Other (See Remarks), Refrigerator, Washer/Dryer
Floors Ceramic Tile
Total Number of Units 4.00

Exterior Features

Sale Includes Building(s) Only
Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions 8700 SF
Total Parking Spcs 2.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Backup Average in 85007

Price
AVG $510K
$780K
Taxes
AVG $1,620
$1,137
Visits
AVG 30
27
Year Built
AVG 1956
1962

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