Properties
Phoenix, AZ 85014 4515 N 14TH Place
$985,000
Pending
21 more
Presented By: Cambridge Properties; 602-493-5100
Home Details
Turn-key Central Phoenix triplex comprised of two buildings with separate addresses. Front building (4515) is 2018 new construction featuring Unit A (1bd/1ba) and Unit B (2bd/1ba), each with private yard and dedicated parking. Rear residence (4513) is a freestanding 2bd/1ba home fully renovated to the studs in 2016 with gated driveway and four uncovered spaces. All units offer inside laundry and private individual yards. Complete foam roof recoated and full exterior painted in 2020. No HOA. Stabilized asset in a strong Uptown rental corridor with long-term appreciation potential. Strong tenant base. Tenants pay own electric.
Presented By: Cambridge Properties; 602-493-5100
Interior Features for 4515 N 14TH Place
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
General for 4515 N 14TH Place
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.52
Carport Y/NNo
CityPhoenix
Community FeaturesSee Remarks, No Pool
Construction MaterialsWood Siding, Wood Frame
CoolingCentral Air, Ceiling Fan(s), Window/Wall Unit, Electric, Individual
CountyMaricopa
DirectionsHead west on E Campbell Avenue (0.2 mi). Head north onto N 14th Place. Property is 3rd on east side of street.
DisclosuresNone
ElectricAPS
Elementary SchoolMadison #1 Elementary School
Elementary School DistrictMadison Elementary District
Garage Y/NNo
Gross Income61500.0
HeatingIndividual, Central, Electric
High SchoolNorth High School
High School DistrictPhoenix Union High School District
Insurance Expense2914.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense4866.0
Middle/Junior High SchoolMadison #1 Elementary School
MobileHomeRemainsYNNo
Net Operating Income44535.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total3
Occupancy TypeTenant
Open Parking Spaces7.0
Operating Expense20475.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofFoam
Senior CommunityN
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameVICTOR PARK
Tax Annual Amount3513.0
Tax Lot26
Tax Year2025
Township2N
Water Sewer Expense2192.0
Year Built1948
ZoningR4
Exterior for 4515 N 14TH Place
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions8299SF
Number of Buildings2
Parking FeaturesAssigned, >1 Space Per Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking7.0
Water SourceMaster Meter, City Franchise
Additional Details
Price History
Schools
High School
North High School
Middle School
Madison #1 Elementary School
