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1002 N 27TH Place Phoenix, AZ $ 1,635,000
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$ 1,635,000 Get more info
1002 N 27TH Place
$ 1,635,000
Back to search
Share Save

1002 N 27TH Place

Phoenix, AZ, 85008
$ 1,635,000
Baths0.0

Monthly Estimate*

$ 10,200

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,635,000. This home was built in 1983.

Fantastic Investment Opportunity! This well-maintained Multi-Family Property features three separate buildings, each with two spacious units — totaling six 2 bed / 2 bath units, each approximately 1,200 sq ft. Great rental history and upside potential! Exterior of all buildings was freshly painted in June 2023, and interiors have been updated with new paint as well. The property includes four newer A/C units, with the remaining two approximately 10 years old. The roof was replaced 5 years ago with high-quality 40-year shingles, offering peace of mind for years to come. Tenants and guests will appreciate the ample parking area, designed to comfortably accommodate residents and visitors alike. Sale includes two parcels: APN #121-76-050-B APN #121-76-050-C Both lots have separate dimensions per plat records and are being sold together. Don't miss out on this exceptional income-producing property with strong fundamentals and recent upgrades!

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Multi-Family Active

Price

$ 1,635,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,876

Style

Multiple Dwellings

Year Built

1983

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6936056
Features
General
Sewer Public Sewer
Heating 2 or More Units Electric
Cooling Electric 2 or More Units
Roof Composition
Zoning Multi-Family
Construction Materials Wood Frame Painted Stucco
Year Built 1983
Electric APS City Electric Individual Meter
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 106800.0
Community Features No Pool
County Maricopa
Net Operating Income 93571.0
Operating Expense 13229.0
Insurance Expense 4153.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name DEL REY LOTS 101-140
Garage Y/N N
Status Active
Directions 202 to 24th Street South to Roosevelt East to 27th Place. Property is located on the NW Corner of 27th Place and Roosevelt.
High School Camelback High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 15.0
Number Of Units Total 6
Lot Size Square Feet 0.0
Carport Y/N N
Elementary School The Creighton Academy
Tax Annual Amount 1876.0
Electric Expense 0.0
Middle/Junior High School Gateway School
Trash Expense 2400.0
Water Sewer Expense 4800.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Creighton Elementary District
Tax Lot 119
Cap Rate 5.72
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Add'l Parking Avail >1 Space Per Unit
Water Source City Franchise
Total Parking 15.0
Lot Size Area 0.0
Number of Buildings 3
Spa N
Lot Dimensions 124x133
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1002
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* Excluded Features
List By
Kristopher Realty

Broker

kristopherrealtygroup@gmail.com

Email

Affordability Calculator

$10,357
Per Month
98%
2%
0%
Monthly Principal & Interest
$10,200
Monthly Property Taxes
$156
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4894318 Elementary School
4327210 Middle School
Camelback High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2025$1,635,000 Listed Price

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1002 N 27TH Place, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $1,635,000. 1002 N 27TH Place is a studio with 0.0 baths and was built in 1983. The property's zip code is 85008 which is in Phoenix, AZ

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