Phoenix, AZ 85007,725 W MCKINLEY Street
Phoenix, AZ 85007,725 W MCKINLEY Street
Phoenix, AZ 85007,725 W MCKINLEY Street
35
$625,000
$629,500
0.7%
Est.Price: ?

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725 W MCKINLEY Street Phoenix, AZ 85007

Est. payment /mo
SOLD DATE : 06/15/2020

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Key Details

Sold Price $625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision University Addition

MLS Listing ID 6075172

Sold Date 06/15/20

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1996

Annual Tax Amount $609

Tax Year 2019

Lot Dimensions 272 x 45

Property Description

Single family home style apartments with PRIVATE FRONT AND BACK YARDS & in unit Washer/Dryers & dishwashers!! Excellent gross monthly cashflow $4730, $56,760 yearly. 9% Gross cap, 100% occupied. Tenant paid utilities on RUBS!! Just remodeled. New HVAC, new electrical panels, new interiors with wood tile floor, showers, stainless appliances, White Quartz countertops and ceiling fans. Overhead is low. Awesome unit mix of 1, 2bed x1 bath, 3, 1 bed x 1 bath, 2, 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. Pet fees are quite low as well. P.S. the tenants love having there own private yards. Happy tenant mix.

Location

State AZ

County Maricopa

Community University Addition

Zoning r5

Direction exit 101, south on 7th ave, west on Mckinley, On your left hand side.

Interior

Heating Electric

Cooling Electric, Ceiling Fan(s)

Flooring Ceramic Tile

Appliance F/S Oven/Range, Microwave

Exterior

Garage >1 Space Per Unit

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type >1 Space Per Unit

Total Parking Spaces 8

Building

Sewer Public Sewer

Water Master Meter

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-29-113

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by Gentry Real Estate
Bought with West USA Realty

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Alexander Prewitt

Team Leader | License ID: SA641140000

+1(520) 237-8411

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