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.
Off market
Zestimate®
$652,400
412 N 17th Dr, Phoenix, AZ 85007
--beds
0baths
1,431sqft
MultiFamily
Built in 1962
-- sqft lot
$652,400 Zestimate®
$456/sqft
$1,254 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Evaporative, Wall
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile
Interior area
- Total interior livable area: 1,431 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 8,700 sqft
Details
- Parcel number: 11124107
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Electric: Individual Meter
- Sewer: Sewer - Public
Community & neighborhood
Location
- Region: Phoenix
Other
Other facts
- Ownership: Fee Simple
- Community Amenities: No Pool
- Cooling: Window/Wall Unit, Evaporative
- Electric: Individual Meter
- Heating: Window/Wall Unit(s)
- Parking: Add'l Parking Avail, Street Parking, Free
- Project Type: Four Plex
- Sewer: Sewer - Public
- Water: City Franchise
- Water: Master Meter
- Const - Finish: Painted
- Roofing: Comp Shingle
- Appliances Included: Refrigerator, BI Oven/Range
- Owner Pays: Water, Trash, Sewer
- Tenant Pays: Electric, Cable TV
- Source of Fincl Data: Provided by Owner
- New Financing: Conventional, No Carry
- Floors: Ceramic Tile
- Sale Includes: Building(s) Only
- Construction: Block
- Tax Municipality: Phoenix
- Status - Contingent: UCB (Under Contract-Backups)
- Roads/Streets: Asphalt/Blacktop
- Tax Year: 2019
- Ownership: Fee Simple
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Estimated market value
$652,400