Address
1903 W Ocotillo Road Phoenix, AZ
Price
$ 529,000
Property Attributes
  • MLS#6338563
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodW J Lawrence Tract
  • Zip85015
  • Style
  • Year Built1969
  • Taxes$ 1262
  • Price$ 529,000
  • Bedrooms1
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2528
Listing Provided Courtesy Of:
ABI Multifamily
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Investment/Development Opportunity - Building currently operating as a Church. Rent @ $2245/mo until 10/31/2022. Zoned R-3 for Multifamily. Built in 1944 , located within an Arizona Opportunity Zone. Value Add through interior & exterior renovations. Close proximity to I-17 Highway.

Price History
1/6/2022 Listed $529,000

General Features

1 Bedroom Units: Avg Rent 2245.00
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 See Remarks
County Maricopa
Electric SRP
Exterior Features Fenced, Green Landscaping
Features No Pool
Gas Y/N Other (See Remarks)
Geo Lat 33.535181
Geo Lon -112.099995
Heating Natural Gas
Map Code/Grid N33
Net Income 20052.00
New Financing Conventional, FHA, VA
Owner Pays None
Parking Street Parking
Property Type F
Public Remarks Investment/Development Opportunity - Building currently operating as a Church. Rent @ $2245/mo until 10/31/2022. Zoned R-3 for Multifamily. Built in 1944
Roof Comp Shingle
School District 006 - Washington Elementary District
Sewer Sewer - Public
Status Active
Street Name OCOTILLO
Subdivision W J LAWRENCE TRACT
Tax Municipality Phoenix
Taxes 1262.00
Tenant Pays Cable TV, Electric, Gas, Sewer, Trash, Water
Water City Franchise
Year Built 1969
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 2
1 Bedroom Units: Avg Sqft 2528
Appliances Included BI Oven/Range, Dishwasher, Microwave, Refrigerator
Floors Ceramic Tile
Street Suffix Road
Total Number of Units 1.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 0.00
Lot Size Dimensions 11207
Total Parking Spcs 0.00

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 85015

Price
AVG $850K
$530K
Taxes
AVG $1,700
$1,262
Visits
AVG 52
8
Year Built
AVG 1972
1969

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