214 E Ruth Avenue # 311 Phoenix, AZ $ 800,000
214 E Ruth Avenue # 311
$ 800,000
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214 E Ruth Avenue # 311

Phoenix, AZ, 85020
$ 800,000
Baths0.0

Monthly Estimate*

$ 5,588

214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 1
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 2
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 3
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 4
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 5
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 6
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 7
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 8
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 9
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 10
214 E Ruth Avenue # 311, Phoenix, AZ 85020 - Image 11
Studio

Multi-Family Home for sale in Phoenix, AZ

for $800,000. This home was built in 1984.

Three 2 bedroom/2bath owner/agent offering with 1031 participation. All units recently remodeled including new windows, all stainless steel appliances, dishwasher, oven/range, refrigerator, quartz countertops, new bathrooms with steel tub for bath, custom shower surround with high quality shower doors, vanities, 309 remodeled in 2019, 307 in 2022 and 311 in 2023. All rents are $1495. 311 is currently for lease and vacant/lockbox. HOA pays water, trash, exterior maintenance, roof maintenance. Roofs recoated in 2021, painted in 2016, parking lot resealed March 2024. Self managed HOA. Previous tenants in 307 & 311 were there 12 years. Great area one block north of the canal on Central to ride bikes, hike mountain trails, bus on Central takes you to the light rail station on Camelback

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Multi-Family Active

Price

$ 800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 489

Style

Multiple Dwellings

Year Built

1984

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6683093

Features
General
Sewer Public Sewer
Heating Heat Pump Electric
Cooling Heat Pump Electric Ceiling Fan(s)
Roof See Remarks Built-Up
Zoning R-5
Construction Materials Painted Stucco Block
Year Built 1984
Electric APS Master Meter
Tenant Pays Electricity
Township 3N
Unit Number 311
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 51129.0
Community Features Pool
County Maricopa
Net Operating Income 44251.0
Operating Expense 10058.0
Insurance Expense 2019.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name RUTHGATE 2 CONDOMINIUMS
Garage Y/N N
Status Active
Directions South on Dunlap to Ruth then turn East to 214 E Ruth Avenue. Park in Uncovered or on the street.
High School Sunnyslope High School
City Phoenix
Buyer Agent Compensation 2.50
Disclosures Seller Prop Disc Stm
View Y/N N
High School District Glendale Union High School District
Open Parking Spaces 0.0
Total Units 3
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Ruth
Elementary School Desert View Elementary School
Tax Annual Amount 489.0
Current Financing Not Applicable
Middle/Junior High School Royal Palm Middle School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 22
Standard Status Active
Occupancy Description Vacant
Elementary School District Washington Elementary District
Tax Lot 11
Cap Rate 5.53
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Assigned 1 Space/Unit
Water Source City Franchise
Total Parking 3.0
Lot Size Area 0.0
Number of Buildings 2
Spa N
Lot Dimensions condo
Lot Size Acres 0.0
Road Surface Type Asphalt Dedicated Street
Covered Spaces 3.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 214
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* Excluded Features
List By
Rimsza Realty

Broker

gaildina@sprynet.com

Email

Affordability Calculator

$5,629
Per Month
99%
1%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$41
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327245 Elementary School
4327519 Middle School
Sunnyslope High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$800,000 Listed Price

Map


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214 E Ruth Avenue # 311, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $800,000. 214 E Ruth Avenue # 311 is a studio with 0.0 baths and was built in 1984. The property's zip code is 85020 which is in Phoenix, AZ