Properties
Phoenix, AZ 85007 325 N 17TH Drive
$510,500
59 more
Presented By: Gentry Real Estate; 480-750-9910
Home Details
Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.
Presented By: Gentry Real Estate; 480-750-9910
Interior Features for 325 N 17TH Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringVinyl
Heating Y/NYes
General for 325 N 17TH Drive
Additional Parcels Y/NNo
Attached Garage No
Cap Rate9.59
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Stucco, Block
CoolingCentral Air, Electric
CountyMaricopa
DisclosuresNone
ElectricAPS
Elementary School DistrictPhoenix Elementary District
Garage Y/NNo
Gross Income50661.6
HeatingHeat Pump, Electric
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income50661.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total3
Occupancy TypeTenant
Open Parking Spaces5.0
Operating Expense1568.0
OwnerPaysElectricity, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive Under Contract
StatusUCB (Under Contract-Backups)
Subdivision NameOAKLAND
Tax Annual Amount1568.0
Tax Lot8
Tax Year2024
Township1N
Year Built1932
ZoningR-5
Exterior for 325 N 17TH Drive
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions8700 sqft
Number of Buildings1
Parking Features>1 Space Per Unit
Road Surface TypeConcrete
SpaNo
Total Parking5.0
Water SourceCity Franchise
Additional Details
Price History
