Properties
Phoenix, AZ 85040 4028 S 15TH Street
$1,235,000
27 more
Presented By: Valley Views RE; 480-688-0915
Home Details
Turnkey investment opportunity with ALL 9 units ALREADY OCCUPIED! featuring a fully remodeled multi-building INCOME property with modern finishes throughout. Gated entry with remote access, plus ample parking with both covered and uncovered spaces. Well-maintained and ready for continued cash flow. Building One includes three apartments: one 2 bed/2 bath and two 1 bed/1 bath units, all with kitchens and W/D hookups. Buildings Two and Three offer four identical 1 bed/1 bath units with living rooms, kitchens, W/D hookups, and private back patioS! The property also includes two newer mobile homes with primary bedrooms, en-suite baths, and W/D hookups.
Presented By: Valley Views RE; 480-688-0915
Interior Features for 4028 S 15TH Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
General for 4028 S 15TH Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate10.66
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco, Block
CoolingCentral Air, Individual
CountyMaricopa
DisclosuresNone
ElectricSRP
Electric Expense14829.6
Elementary School DistrictRoosevelt Elementary District
Garage Y/NNo
Gross Income96607.0
HeatingElectric
High SchoolSouth Mountain High School
High School DistrictPhoenix Union High School District
Insurance Expense4980.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income133200.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total9
Occupancy TypeTenant
Open Parking Spaces6.0
Operating Expense36014.48
OwnerPaysSee Remarks, Electricity, Trash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Security FeaturesSecurity Light(s)
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNORMAN ACRES
Tax Annual Amount686.0
Tax Lot1
Tax Year2024
Township1N
Water Sewer Expense8076.0
Year Built1961
ZoningR-4
Exterior for 4028 S 15TH Street
Covered Spaces8.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions13, 572
Number of Buildings5
Parking FeaturesSee Remarks, Free, Assigned, >1 Space Per Unit, Carport
Road Surface TypeConcrete, Gravel
SpaNo
Total Parking14.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
N/A
High School
South Mountain High School
