Properties
Phoenix, AZ 85006 1232 E VIRGINIA Avenue
$900,000
7 more
Presented By: Gile Commercial Real Estate; 602-980-3171
Home Details
Rare multi-family investment opportunity in central Phoenix's desirable 85006 neighborhood. Well-located brick-constructed building with three units on a generous lot, offering paved assigned parking. The property features central air conditioning, natural gas heating, and concrete flooring, and includes standard appliances. Tenants pay electricity, gas, and cable. Conveniently situated near local amenities, transportation, and key urban corridors.
Presented By: Gile Commercial Real Estate; 602-980-3171
Interior Features for 1232 E VIRGINIA Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringConcrete
Heating Y/NYes
General for 1232 E VIRGINIA Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.4
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsBrick
CoolingCentral Air
CountyMaricopa
DisclosuresSeller Prop Disc Stm, APOD/Backup Avaible
ElectricAPS
Electric Expense0.0
Elementary School DistrictOsborn Elementary District
Fuel Expense0.0
Garage Y/NNo
Gross Income48450.0
HeatingNatural Gas
High SchoolNorth High School
High School DistrictPhoenix Union High School District
Insurance Expense750.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense500.0
MobileHomeRemainsYNNo
Net Operating Income39620.0
New ConstructionNo
New Financing: ConventionalTrue
Number Of Units Total3
Open Parking Spaces6.0
Operating Expense3712.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSOUTH COUNTRY CLUB MANOR
Tax Annual Amount1037.0
Tax Lot121
Tax Year2025
Township2N
Water Sewer Expense925.0
Year Built1945
ZoningR3
Exterior for 1232 E VIRGINIA Avenue
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions120X62
Number of Buildings1
Parking FeaturesPaved, Assigned, >1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking6.0
Water SourceMaster Meter
Additional Details
Price History
Schools
Middle School
N/A
High School
North High School
Elementary School
N/A
