Address
1514 W Sherman Street Phoenix, AZ
Price
$ 425,000
Property Attributes
  • MLS#6264987
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodNorth Steve Rayburn Subdivision
  • Zip85007
  • Style
  • Year Built1946
  • Taxes$ 366
  • Price$ 425,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1464
Listing Provided Courtesy Of:
Get Multifamily
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Turnkey property! Both house in the front and duplex in the back has been renovated and leased. Available as a cash or conventional financing purchase. Owner pays W/S/T and electric on the duplexConveniently located near downtown Phoenix, I-17, I-10 and minutes away from the ASU campus, shopping and employment opportunities. Drive by only, do not disturb tenants.

Price History
7/15/2021 Listed $475,000
9/29/2021 11% - $425,000

General Features

1 Bedroom Units: Avg Rent 983.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
City Phoenix
Construction Frame - Wood
Cooling Electric, Window/Wall Unit
County Maricopa
Directions Head southeast on N W Grand Ave toward W Moreland St, Slight right onto N 15th Ave, Continue straight to stay on N 15th Ave, Turn right onto W Sherman St
Electric SRP
Features No Pool
Gas Y/N None
Geo Lat 33.440692
Geo Lon -112.092528
Heating Electric, Window/Wall Unit(s)
Map Code/Grid Q34
Net Income 23974.00
New Financing 1031 Exchange, Conventional, No Carry, VA
Owner Pays Landscaping, Other, Sewer, Trash Collection, Water
Parking 1 Space/Unit, Free
Property Type F
Roof Comp Shingle
School District 001 - Phoenix Elementary District
Sewer Sewer - Public
Status Active
Street Name SHERMAN
Subdivision NORTH STEVE RAYBURN SUBDIVISION
Tax Municipality Phoenix
Taxes 366.00
Tenant Pays Electric, Other (See Remarks)
Water City Franchise, Master Meter
Year Built 1946
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 3
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 488
Appliances Included Refrigerator
Floors Ceramic Tile
Street Suffix Street
Total Number of Units 3.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions 7080 sqft
Total Parking Spcs 3.00

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 Multi-Family Average in 85007

Price
AVG $480K
$430K
Taxes
AVG $919
$366
Visits
AVG 59
21
Year Built
AVG 1935
1946

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