1315 W COCHISE Drive Phoenix, AZ ^$ 450,000

1315 W COCHISE Drive

^$ 450,000

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1315 W COCHISE Drive

Phoenix, AZ, 85021

^$ 450,000

Studio Baths0.0

Monthly Estimate*

^$ 3,143

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $450,000. This home was built in 1954.

Three individual homes sitting on a 25,000 square foot lot. Each house is currently rented out. Front home: 2bed/1bath Middle home: 4bed/1bath Back home: Studio This is a great opportunity to purchase three homes and a massive piece of land for a great price.

Multi-Family Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 639

Style

Multiple Dwellings

Year Built

1954

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6687597

Features

General

Sewer Public Sewer

Heating Other Individual Central Heat Pump Window/Wall Unit(s)

Cooling Other Central A/C Electric Wall/Window Unit(s)

Roof Foam

Zoning R3

Construction Materials Painted Stucco Block Frame - Wood

Year Built 1954

Electric APS

Tenant Pays See Remarks

Township 3N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 49400.0

Community Features No Pool

County Maricopa

Net Operating Income 36120.0

Operating Expense 639.0

Property Type Multiple Dwellings

Garage Y/N N

Status Active

City Phoenix

Buyer Agent Compensation 2.00

Disclosures None

View Y/N N

High School District Glendale Union High School District

Open Parking Spaces 30.0

Total Units 3

Lot Size Square Feet 0.0

Carport Y/N N

Street Name COCHISE

Tax Annual Amount 639.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 34

Standard Status Active

Elementary School District Washington Elementary District

Tax Lot NA

Cap Rate 8.03

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Ownership Fee Simple

Senior Community N

Interior

Flooring Carpet Ceramic Tile Vinyl Concrete

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Drive

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Other (See Remarks)

Water Source City Franchise

Total Parking 30.0

Lot Size Area 0.0

Number of Buildings 3

Spa N

Lot Dimensions 305 feet by 83 feet

Lot Size Acres 0.0

Road Surface Type Dirt

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1315

* Excluded Features

List By

Orion Investment Real Estate

Broker

will.xander@orionprop.com

Affordability Calculator

$3,197

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $53
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,420,971

Percent of Sale Price 216%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327134 Elementary School

4327258 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2024	$450,000	-10.00%	Price Down
4/5/2024	$500,000		Listed Price

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1315 W COCHISE Drive, Phoenix, AZ, 85021 is a Multi-Family Home for sale at $450,000. 1315 W COCHISE Drive is a studio with 0.0 baths and was built in 1954. The property's zip code is 85021 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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1315 W COCHISE Drive

Multi-Family Home for sale in Phoenix, AZ

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