Investor Special for a Rental Home in Phoenix
Buy this property and generate steady income from rent. Multiple dwellings (four units for rent). Extensive remodelling completed. Possible to add two room extension to Unit D which would raise the rent to $200/momth. This Phoenix rentals are always filled. Nice courtyard between buildings. Low maintenance building.
Financial Information for Purchaising this Rental Property in Phoenix
Taxes: $1245 in 2006
Electric expense: $2,634.00
Gas expense: $ 981.00
Maintenance expense: $ 16.00
Management expense: $ 1,200.00
Water/Sewer expense: $ 1,682.00
Annual operating expense: $ 12,758.00
Adjusted gross income: $ 28,500.00
Rental Information Per Unit
# 1 Bedroom Unit 1: Average rent = $ 500.00----Average square footage = 345----Bath = 1
# 2 Bedroom Unit 2: Average rent = $ 700.00----Average square footage = 600----Bath = 1
# 3 Bedroom Unit 1: Average rent = $ 675.00----Average square footage = 765----Bath = 1
Phoenix School Information
Elementary School: Murphy, Ira A. District 21
Junior High School: Murphy, Ira A.
High School District: 210
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