Properties
Phoenix, AZ 85006 331 N 13TH Place
$700,000
13 more
Presented By: The Agency; 480-878-3000
Home Details
Incredible opportunity to own an income producing home + duplex. The property at 331 N 13th Place features a renovated 2 bed, 1 bath home with updated windows, appliances, a refreshed bathroom, flooring, interior and exterior paint, plus landscaping. It includes a washer, dryer, gas range, and refrigerator, with tenants responsible for all utilities. The adjacent duplex at 1329 E Polk has undergone a complete makeover, with an updated roof, AC, kitchen, bathroom, and windows. Both units offer 1 bedroom/1 bath, separate laundry with newer appliances. This is a fantastic opportunity to invest in the up-and-coming Garfield neighborhood, a hot spot for income properties where you are close to Downtown Phoenix, Footprint Center, Chase Field and vibrant Downtown nightlife and restaurants.
Presented By: The Agency; 480-878-3000
Interior Features for 331 N 13TH Place
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringWood
Heating Y/NYes
General for 331 N 13TH Place
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.69
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco, Brick
CoolingElectric, Heat Pump
CountyMaricopa
Directions12th Street & Fillmore south to Polk Street. Properties are at the SW corner of 13th Place and Polk.
DisclosuresNone
ElectricAPS
Electric Expense0.0
Elementary SchoolGarfield School
Elementary School DistrictPhoenix Elementary District
Fuel Expense0.0
Garage Y/NNo
Gross Income47760.0
HeatingElectric
High SchoolNorth High School
High School DistrictPhoenix Union High School District
Insurance Expense1694.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense1500.0
Middle/Junior High SchoolGarfield School
MobileHomeRemainsYNNo
Net Operating Income46860.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total3
Occupancy TypeTenant
Open Parking Spaces4.0
Operating Expense9874.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition, Foam
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameMADRONA PLACE
Tax Annual Amount860.0
Tax Lot7
Tax Year2023
Township1N
Trash Expense0.0
Water Sewer Expense900.0
Year Built1906
ZoningR-5
Exterior for 331 N 13TH Place
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions5000
Number of Buildings2
Parking FeaturesPaved, Free, <1 Space Per Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Middle School
Garfield School Middle School
High School
North High School
Elementary School
Garfield School Elementary School
