2843 E OAK Street Phoenix, AZ $ 659,999
2843 E OAK Street
$ 659,999
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2843 E OAK Street

Phoenix, AZ, 85008
$ 659,999
Baths0.0

Monthly Estimate*

$ 4,387

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $659,999. This home was built in 1957.

2843 E Oak St is a newly renovated 3-unit multifamily property located in the heart of Phoenix. This 1,628 SF property sits on just over 8,000 SF of land, providing 3 covered parking spots. Each unit consists of 1 bed and 1 bathroom, all renovated within the last year. On-site includes a storage building with the potential to be converted into a laundry unit. The landscape consists of a mix of desert landscaping and a low-maintenance turf yard. Currently, all three units are occupied, two units at $1,400 and one at $1,440 per month, respectively. Each unit is separately metered for the landlord's convenience and includes a shared outdoor area. All units are fully occupied and do not allow for showings. *DO NOT DISTURB TENANTS

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Multi-Family Active

Price

$ 659,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,167

Style

Multiple Dwellings

Year Built

1957

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6704915

Features
General
Sewer Public Sewer
Heating Electric Natural Gas
Cooling Other Central A/C
Roof Composition
Zoning R-4
Construction Materials Painted Block
Year Built 1957
Electric APS
Tenant Pays Gas Electricity
Township 2N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 45792.0
Community Features No Pool
County Maricopa
Net Operating Income 35174.0
Operating Expense 1167.68
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name SANDIGE SQUARE
Garage Y/N N
Status Active
City Phoenix
Buyer Agent Compensation 2.50
Disclosures Other (See Remarks)
View Y/N N
High School District Phoenix Union High School District
Open Parking Spaces 6.0
NumberOfUnitsTotal 3
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 1167.68
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 39
Standard Status Active
Elementary School District Creighton Elementary District
Tax Lot 45
Cap Rate 5.33
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Other Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Common
Water Source City Franchise
Total Parking 9.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 126.88x61.85x126.88x62.07
Lot Size Acres 0.0
Road Surface Type Asphalt
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 2843
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* Excluded Features
List By
Svn/Desert Commercial Advisors

Broker

perry.laufenberg@svn.com

Email

Affordability Calculator

$4,484
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,387
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2024$659,999 -0.75% Price Down
5/13/2024$665,000 Listed Price

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2843 E OAK Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $659,999. 2843 E OAK Street is a studio with 0.0 baths and was built in 1957. The property's zip code is 85008 which is in Phoenix, AZ