Completely Remodeled 4-Plex with strong rents that wont disappoint you! Seller has spent over $100k in upgrades starting with all New HVAC units by City of Phoenix through the Energize program in 2012 spending $25k, then in 2013 City Of Phoenix Rental Rehabilitation Program spent $75K which included New Roof, New plumbing, New Electrical, New Kitchen cabinets, New Paint and New Flooring. Seller also installed a large RV gate that only tenants have access for additional parking. Great money maker. All units have signed leases with 2 tenants in the process of moving in the units in the next 2 weeks. Owner is currently collecting $3838 per month in rents and rent will increase to $3943 in June 2020. Great opportunity! Everything updated so nothing to do but sit back and collect rents!
Off market
Zestimate®
$896,700
1501 E Roosevelt St, Phoenix, AZ 85006
--beds
0baths
2,600sqft
MultiFamily
Built in 1979
-- sqft lot
$896,700 Zestimate®
$345/sqft
$1,912 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood, Linoleum / Vinyl
Interior area
- Total interior livable area: 2,600 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 6,765 sqft
Details
- Parcel number: 11619129
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Other
Condition
- Year built: 1979
Utilities & green energy
- Electric: APS
- Sewer: Sewer - Public
Community & neighborhood
Location
- Region: Phoenix
Other
Other facts
- Ownership: Fee Simple
- Community Amenities: No Pool
- Cooling: 2 or More Units, Central A/C, Electric Refrigeratd
- Exterior Amenities: Fenced, Other (See Remarks)
- Heating: Electric
- Parking: Add'l Parking Avail, 1 Space/Unit, Paved Parking, Street Parking, Free
- Project Type: Four Plex
- Sewer: Sewer - Public
- Water: City Franchise, Other, See Remarks
- Water: Master Meter
- Sale Includes: Land & Building
- Construction: Frame - Wood, Block
- Const - Finish: Painted
- Roofing: Comp Shingle
- Floors: Vinyl/Composition, Wood
- Appliances Included: F/S Oven/Range, Refrigerator
- Owner Pays: Water, Sewer, Trash Collection
- Tenant Pays: Electric, Cable TV
- Source of Fincl Data: Provided by Owner
- New Financing: Conventional
- Electric: APS
- Elementary School: Phoenix Prep Academy
- Tax Municipality: Phoenix
- High School: Phoenix Union Bioscience High School
- Jr. High School: Phoenix Union Bioscience High School
- Tax Year: 2019
- Roads/Streets: Dirt, Gravel
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$896,700
2% more+$17,934
With Zillow Showcase(estimated)$914,634