$936,835*
●
Multifamily -
Off Market
1526 W MCKINLEY Street
Phoenix, AZ 85007
Studio
0 Bath
$540,000 - $658,000
Reference Base Price*
56.40%
Since Apr 1, 2020
AZ-Phoenix
Primary Model
About This Property
Townhome like apartments with large PRIVATE YARDS & in unit
Washer/Dryers & dishwashers!! Excellent gross monthly cashflow
$5028, $60,336 yearly. 11.5% Gross cap, 100% occupied.
Tenant paid utilities on RUBS!! Just remodeled. New
HVAC, new electrical panel, new interiors with wood tile floor,
showers, stainless appliances, White Quartz countertops and ceiling
fans. Overhead is low. Awesome unit mix of 1, 3 bed x2 bath,
1, 3 bed x 1 bath, 2, 2bed x 1 bath. This area is hot and
transitioning in the Art District of Roosevelt. Hurry will
not last with this strong of cashflow. Could add solar and reduce
bills even more or charge for storage. Pet fees are quite low
as well. P.S. the tenants love having there own private yards.
Happy tenant mix.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$877
HOA Dues
-
Year Built
1921
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 9, 2019 | Listed | $599,000 | |
| Listed | |||
Property Highlights
1526 W MCKINLEY Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Other
Loft
2
Baths
1,602 ft²
$358/ft²
$574,000
Jan 15, 2024
-
$225/mo
In Contract
Other
Loft
1
Bath
1,320 ft²
$379/ft²
$499,999
Feb 23, 2024
-
$151/mo
Active
Other
Loft
2
Baths
1,628 ft²
$307/ft²
$499,600
Jan 18, 2024
-
$108/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/09/2019
|
|
Studio
|
-
|
-
|
$599,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
