2021 W WASHINGTON Street Phoenix, AZ $ 1,050,000
2021 W WASHINGTON Street
$ 1,050,000
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2021 W WASHINGTON Street

Phoenix, AZ, 85009
$ 1,050,000
Baths0.0

Monthly Estimate*

$ 7,335

2021 W WASHINGTON Street, Phoenix, AZ 85009 - Image 1
2021 W WASHINGTON Street, Phoenix, AZ 85009 - Image 2
2021 W WASHINGTON Street, Phoenix, AZ 85009 - Image 3
Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,050,000. This home was built in 1931.

Great Opportunity To Purchase This Multi-Unit Complex Just West of Downtown Phoenix. New Roof & Windows In Main House In 2018. Property Is Comprised of 4 Buildings, 1 & 2 Bedroom Units With 10 Income Producing Units/Rooms. Main House: 3 Rented Rooms That Share Kitchen and Living Area + 2 Separate Units with Private Entrance. One Unit on 2nd Floor. BLDG 1: 2 Units - Both 1 Bed 1 Bath BLDG 2: 2 Bed + Bath BLDG 3: 2 Bed + Bath. Unique Property With Solid Monthly Cash Flow of Nearly $10,000 Per Month. Some Units Are Involved With Community Bridges Veterans Program Which Includes Counseling Mentorship and On-Site Visits. Convenient Location With Easy Access to I-17 and I-10, Downtown Phoenix & Sky Harbor Airport.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,211

Style

Multiple Dwellings

Year Built

1931

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6685042

Features
General
Sewer Public Sewer
Heating Individual Window/Wall Unit(s)
Cooling Individual Wall/Window Unit(s)
Roof Composition
Zoning R-3
Construction Materials Painted Stucco Frame - Wood
Year Built 1931
Electric APS
Tenant Pays See Remarks
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 108300.0
Community Features No Pool
County Maricopa
Net Operating Income 80000.0
Operating Expense 11672.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name CAPITOL ADDITION
Garage Y/N N
Status Active
Directions Use GPS
High School Central High School
City Phoenix
Buyer Agent Compensation 2.25
Disclosures Seller Prop Disc Stm
View Y/N N
High School District Phoenix Union High School District
Open Parking Spaces 0.0
Total Units 7
Lot Size Square Feet 0.0
Carport Y/N N
Street Name WASHINGTON
Elementary School Capitol Elementary School
Tax Annual Amount 1211.0
Electric Expense 5195.0
Fuel Expense 0.0
Water Sewer Expense 3958.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 30
Standard Status Active
Occupancy Description Tenant
Elementary School District Phoenix Elementary District
Tax Lot 5
Cap Rate 6.96
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features 1 Space/Unit
Water Source City Franchise
Total Parking 0.0
Lot Size Area 0.0
Number of Buildings 4
Spa N
Lot Dimensions 14 000
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 0.0
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 2021
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* Excluded Features
List By
Launch Powered By Compass

Broker

DanSchaffler22@Outlook.Com

Email

Affordability Calculator

$7,435
Per Month
99%
1%
0%
Monthly Principal & Interest
$7,335
Monthly Property Taxes
$101
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
4327863 Elementary School
4327058 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$1,050,000 -4.11% Price Down
4/18/2024$1,095,000 -4.78% Price Down
4/1/2024$1,150,000 Listed Price

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2021 W WASHINGTON Street, Phoenix, AZ, 85009 is a Multi-Family Home for sale at $1,050,000. 2021 W WASHINGTON Street is a studio with 0.0 baths and was built in 1931. The property's zip code is 85009 which is in Phoenix, AZ