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27767882
27767914

1002 N 27th Pl, Phoenix, AZ 85008

CS
AZ BR640107000
Kristopher Realty
Listed by Kristopher Realty
$1,635,000
228 days on market
Updated 51 days ago

1002 N 27th Pl Phoenix AZ 85008

Details
APN 127-76-050-C
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 7,200
Units 6
Cap Rate 5.91%
NOI $96,571
Occupancy 100%
Broker Co-Op Yes
Year Built 1983
Year Renovated 1
Buildings 3
Stories 1
Zoning [ M-H] Multi Family High Density
Parking Spaces 16 spaces
Occupancy Date 01/13/1997
Ownership Jose Calderon Properties LLC

Multifamily | 6 Units | $272,500/unit

Marketing description

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!

Investment highlights

Location

2 Bedroom / 2 Bathrooms

Upgraded Units

New Paint (Interior & Exterior)

100 % Tenant Occupied

4 New AC Units

Roof was replaced 5 Years ago with 40 YR Shingles

Tile Upgrades in Each Unit

Parking for 15 + Cars

Property - All Electric - No Gas

Listing Contacts

CS
AZ BR640107000
Kristopher Realty
Listed by Kristopher Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,571.00
$8,047.58/mo

Valuation Metrics

0
DSCR
5.91%
Cap Rate
5.91%
ROI

Map

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Additional Information

Name
Christopher Sicz
License
BR640107000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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