Address
2501 E CULVER Street, Phoenix, AZ
Price
$ 560,000
Property Attributes
  • MLS#6696275
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodNORTH ELSINORE BLOCK 13-14
  • Zip85008
  • StyleMultiple Dwellings
  • Year Built1920
  • Taxes$ 658
  • Price$ 560,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Solid income producing property includes 3 units, each with 1 bed/1 bath. All units have updated kitchen with quartz counter top, white shaker cabinets & stainless steel appliances The bath in each unit is updated as well. Grey ceramic tile flooring throughout, dual pane windows and new AC units installed in 2022. Huge undeveloped back yard is a part of the property.

Elementary School High School
Creighton Elementary School Phoenix Union Cyber High School
Price History
4/25/2024 Listed $560,000

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling Electric
Roof Foam,Rolled/Hot Mop
Zoning R-3
Construction Materials Painted,Stucco,Frame - Wood
Year Built 1920
Electric APS
Tenant Pays Gas,Electricity,Cable TV
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 46648.0
OwnerPays Trash Collection,Water,Sewer,Landscaping
Community Features No Pool
County Maricopa
Net Operating Income 27374.04
Operating Expense 9633.5
Property Type Multiple Dwellings
Attached Garage No
MaintenanceExpense 1162.26
Subdivision Name NORTH ELSINORE BLOCK 13-14
Garage Y/N No
Status Active
Directions turn south off McDowell at 25th St. proceed straight a head to end of street,property is on the south east corner.
High School Phoenix Union Cyber High School
City Phoenix
Buyer Agent Compensation 2.50
Disclosures Seller Prop Disc Stm
View Y/N No
High School District Phoenix Union High School District
Open Parking Spaces 3.0
Total Units 3
Lot Size Square Feet 0.0
Carport Y/N No
Street Name CULVER
Elementary School Creighton Elementary School
Tax Annual Amount 658.0
Electric Expense 2637.1
Fuel Expense 571.41
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 3
Standard Status Active
Occupancy Description Tenant
Elementary School District Creighton Elementary District
Tax Lot 1
Cap Rate 4.89
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community No
New Financing True

Interior Features

Flooring Ceramic Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Parking Features >1 Space Per Unit,Street Parking
Water Source City Franchise
Total Parking 3.0
Lot Size Area 0.0
Number of Buildings 1
Spa No
Lot Dimensions 47 ft x 140 ft
Lot Size Acres 0.0
Road Surface Type Private Street
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

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 85008

Price
AVG $1.55M
$560K
Taxes
AVG $2,141
$658
Visits
AVG 105
24
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1920

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