Properties
Phoenix, AZ 85006 1501 E OAK Street
$810,000
7 more
Presented By: ABI Multifamily; 602-714-1400
Home Details
The 1501 E Oak Street tripex offering is open to anyone looking to owner occupy a fully turnkey multifamily dwelling or for the traditional multifamily investor.
The Seller of 1501 is also selling 1505, 1509, 1521, 1527 & 1527 E Oak Street as well each of which are individual triplexes. Each one of these triplexes are set to be sold individually or as a package.
Each triplex offers a unit mix of (100%) 2-bedroom / 1-bathroom units. Each unit is individually metered for electricity.
Capital Improvement Summary: Renovations were started in 2022 and and completed in 2023. Exterior remodel consist of modern paint colors, installation, new roofs and desert landscaping. The interiors of all units feature new vinyl flooring, stainless steel appliances, , updated counter tops and in-suit W/D.
Presented By: ABI Multifamily; 602-714-1400
Interior Features for 1501 E OAK Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Electric On Property Y/NNo
FlooringVinyl
Heating Y/NYes
Street SuffixStreet
General for 1501 E OAK Street
Additional Parcels Y/NNo
Attached Garage No
Buyer Agent Compensation1.50
Buyer Agent Compensation Type%
Cap Rate5.28
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Block
CoolingElectric, Ceiling Fan(s)
CountyMaricopa
Days on Market93
DisclosuresNone
ElectricOther (See Remarks)
Elementary School DistrictPhoenix Elementary District
Garage Y/NNo
Gross Income22382.4
HeatingElectric
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet0.0
MobileHomeRemainsYNNo
Net Operating Income42800.0
New FinancingTrue
New_sp_Financing_co_Conventional5True
Open Parking Spaces4.0
Operating Expense1142.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
Percent OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameOAK
Subdivision NameRANCHITOS BONITAS LOTS 1-4
Tax Annual Amount1142.0
Tax Lot1
Tax Year2023
Tenant PaysElectricity
Total Units3
Township2N
View Y/NNo
Year Built1957
ZoningR-4
Exterior for 1501 E OAK Street
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions7, 301
Lot Size Acres0.0
Lot Size Area0.0
Number of Buildings1
Open Parking Y/NNo
Parking Features>1 Space Per Unit, Street Parking
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceCity Franchise
Additional Details
Price History
