Ownership: Fee Simple
Current Price: $949,900
List Price: $949,900
Status: Active
List Date: 2025-11-24
Assessor's Map #: 17
Legal Description (Abbrev): MONTGOMERY LOTS 13 & 14 BLK 24
Assessor's Parcel #: 19
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114200
Taxes: 714
Legal: MONTGOMERY LOTS 13 & 14 BLK 24
Marketing Name: Opportunity Zone
House Number: 822
Compass: S
Street Name: 4TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 2519
County Code: Maricopa
Subdivision: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
Assessor Number: 112-17-019
Tax Year: 2024
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 129 x 50
Flood Zone: No
Total # of Units: 3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Lowell Elementary School
Jr. High School: Lowell Elementary School
High School: Central High School
Year Built: 2025
Zoning: R-4
Range: 3E
Section: 8
Township: 1N
Lot Number: 13
Land & Building: 1
Laundry Equipment: 1
Annual Ins Exp: 1800
Annual Wtr/Swr Exp: 3600
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6114
Other Income: 0
Vacancy Allowance: 0.04
Adjusted Gross Inc: 69120
Cap Rate: 6.63
Equity: 949900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Electric: 1
Individual: 1
Central: 1
2 or More Units: 1
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Individual: 1
2 or More Units: 1
Desert Landscaping: 1
Fenced: 1
Sidewalk(s): 1
Patio/Balcony: 1
Security Light(s): 1
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Fire Sprinklers: 1
Mini Blinds: 1
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer: 1
W/D Hookup: 1
City Franchise: 1
Master Meter: 1
Garage: 1
<1 Space Per Unit: 1
>1 Space Per Unit: 1
Garage Door Opener: 1
Add'l Parking Avail: 1
Assigned: 1
Attached Garage: 1
Off Street: 1
APS: 1
Submetered System: 1
Individual Meter: 1
Water: 1
Sewer: 1
Trash Collection: 1
Cash: 1
VA: 1
Conventional: 1
1031 Exchange: 1
# 2 Bedroom Units: 3
Avg Rent: 2000
Avg SqFt: 974
# Baths: 2
Cross Street: Lincoln and Central
Directions: From I-10 and Central/7th Street, North on Central, West on Buckeye, North on S 4th Avenue to corner of Hadley and 4th Avenue.
Geo Lat: 33.439236
Geo Lon: -112.079706
Gross Annual Sch Inc: 72000
Net Operating Income: 63006
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Sidewalk(s); Patio/Balcony; Security Light(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Mini Blinds
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Heating: Individual; Central; 2 or More Units
Cooling: Ceiling Fan(s); Electric; Individual; Central Air; 2 or More Units
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Submetered System; Individual Meter
Gas: None
Parking Features: Garage; <1 Space Per Unit; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail; Assigned; Attached Garage; Off Street
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Private
New Financing: Cash; VA; Conventional; 1031 Exchange
Environmental: None