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Browse More Listings in Multifamily For Sale, Phoenix, AZ or Arizona

Multifamily Property For Sale

4824 E Willetta Street * Short Sale *

4824 E Willetta Street * Short Sale *, Phoenix, AZ 85008

Price:
$125,000
No. Units:
4
Building Size:
2,717 SF
Price/Unit:
$31,250
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
8.30%
No. Stories:
1
Year Built:
1960
Lot Size:
11,411 SF
Tax ID / APN #:
125-13-049A
Find Out More...

Last Verified 11/5/2009 Listing ID 16425562

Highlights

Strong Rental Demand Area
Employers Nearby
One and Two-Bedroom Units

One Story, 1960, Concrete
Large Shared Courtyard
Individually Metered

Description

Built in 1960, this 4-plex is a one-story, concrete construction with evaporative cooling, A/C or both combinations. Utilities (electric and gas) are individually metered and private uncovered parking is available in back of complex along with on-street parking. The property is located near Brunson-Lee Elementary School and ON Semiconductor a major area employer.

Residents are near many local conveniences such as the Phoenix Zoo, Papago Park, Phoenix Military Reservation and just 2 miles north of Phoenix Sky Harbor Intl. Airport. The north Phoenix location is convenient to a healthy employment base, major shopping and in an area with on-going renovation.

Mcdowell Road east to 48th Street, then south on 48th Street to Willetta Street, then east to property.

Financial Summary

Unit Mix Information

Debt & Equity Information

Actual
Year
2009
Scheduled Gross Income
$24,720
Operating Expenses
$9,375
Net Operating Income
$10,401

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
One Bed / One Bath	3	$495	667
Two Bed / One Bath	1	$575	716

Map of 4824 E Willetta Street Short Sale , Phoenix, AZ 85008 (Maricopa County)

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Presented by

Kasten Long Commercial Group

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Contact Listing Broker

Jim Kasten, CCIM (602) 445-4113

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Created 10/8/2009

Additional Information for 4824 E Willetta Street, Phoenix, AZ 85008

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 2 RecentSales Records

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

4824 E Willetta Street * Short Sale *, Phoenix, AZ, 85008

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4824 E Willetta Street * Short Sale *