Address
1514 W Sherman Street Phoenix, AZ
Price
$ 425,000
Property Attributes
  • MLS#6264987
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodNorth Steve Rayburn Subdivision
  • Zip85007
  • Style
  • Year Built1946
  • Taxes$ 366
  • Price$ 425,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1464
Listing Provided Courtesy Of:
Get Multifamily
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
Property Description

Turnkey property! Both house in the front and duplex in the back has been renovated and leased. Available as a cash or conventional financing purchase. Owner pays W/S/T and electric on the duplexConveniently located near downtown Phoenix, I-17, I-10 and minutes away from the ASU campus, shopping and employment opportunities. Drive by only, do not disturb tenants.

Price History
7/15/2021 Listed $475,000
9/29/2021 11% - $425,000

General Features

1 Bedroom Units: Avg Rent 983.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Cooling Electric, Window/Wall Unit
Electric SRP
Features No Pool
Gas Y/N None
Heating Electric, Window/Wall Unit(s)
Map Code/Grid Q34
Net Income 23974.00
New Financing 1031 Exchange, Conventional, No Carry, VA
Owner Pays Landscaping, Other, Sewer, Trash Collection, Water
Parking 1 Space/Unit, Free
Property Type F
Roof Comp Shingle
School District 001 - Phoenix Elementary District
Sewer Sewer - Public
Status Active
Subdivision NORTH STEVE RAYBURN SUBDIVISION
Tenant Pays Electric, Other (See Remarks)
Water City Franchise, Master Meter
Year Built 1946
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 3
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 488
Appliances Included Refrigerator
Floors Ceramic Tile
Total Number of Units 3.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions 7080 sqft
Total Parking Spcs 3.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85007

Price
AVG $760K
$430K
Taxes
AVG $1,542
$366
Visits
AVG 52
90
Year Built
AVG 1940
1946

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