2330 W LONE CACTUS Drive $1,775,000

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    2330 W LONE CACTUS Drive Phoenix, AZ 85027

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6180387
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    Views: 3 Days On Site: 5

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    Property Details

    This 12 unit property is an investor's dream! 100% occupied and all units are 2 bedroom 2 baths. Units average 864 square feet. There have been major renovations in the last few years. Property is performing well and there is room for upside.

    • General Features
      • Community Amenities No Pool
      • County Maricopa
      • Covered Parking Spcs 0.00
      • Cross Street 23
      • Directions South on 23rd Ave West on Lone Cactus, on the north side of the street
      • Gas None
      • Marketing Name none
      • New Financing 1031 Exchange,Conventional
      • Parking >1 Space Per Unit,Paved Parking
      • Project Type 5 - 12 Units
      • Roofing Rolled
      • Subdivision BLACK CANYON HEIGHTS
      • Tax Municipality Phoenix
      • Taxes $3,874
      • Total Units 12.00
      • Year Built 1983
      • Zoning Multi
    • Building Features
      • Construction Frame - Wood
      • Appliances Included Dishwasher,Disposal,F/S Oven/Range,Refrigerator,W/D Hookup
      • Floors Carpet,Vinyl/Composition
      • Cooling Central A/C,Individual
      • Heating Ceiling Fan(s),Electric
      • Interior Amenities Fire/Smoke Alarm(s),Unfurnished
    • Room Features
      • # 1 Bedroom Units 0
      • 1 Bedroom Units: Avg Rent 0.00
      • 1 Bedroom Units: Avg SqFt 0
      • 1 Bedroom Units: # Baths 0
      • # 2 Bedroom Units 12
      • 2 Bedroom Units: # Baths 2
      • 2 Bedroom Units: Avg Rent 900.00
      • 2 Bedroom Units: Avg SqFt 864
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 24
      • Tenant Pays Cable TV,Electric
      • Owner Pays Landscaping,Sewer,Trash Collection,Water
      • Income & Expenses: Net Operating Income 98846.00
      • Income & Expenses: Gross Annual Sch Inc 129600.00
      • Income & Expenses: Adjusted Gross Inc 123120.00
      • Legal Info: Range 2E
      • Legal Info: Lot Number 23
      • Total Parking Space 15.00
      • Electric APS
      • Exterior Amenities Cable TV Available
      • Sewer Sewer - Public
      • Water City Franchise,Master Meter
    • Schools
      • School District 097 - Deer Valley Unified District

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    Neighborhood

    85027 (Phoenix) Demographics

    36 Median Age
    2,506 Population Density (per sq. mile)
    39% College Educated
    $50,427 Estimated Median Income
    8,289 Estimated Total Home Owners
    6,581 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    35,225 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    35 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,775,000
        1/13/2021 11:44:00 AM New in Database Source New Value: $1,775,000

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        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 1/18/2021 5:30:09 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Tangible Wealth A Luxury Real Estate Company.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.