Properties
Phoenix, AZ 85007 347 N 16TH Avenue
$375,000
19 more
Presented By: McMath Realty LLC; 602-340-1222
Home Details
Excellent opportunity to own a cash flowing, low maintenance triplex near downtown Phoenix. Two 2-bedroom, 1 bath units and one renovated 1-bedroom, 1 bath unit. On-site laundry. Corner lot with 2 buildings. Strong rents with consistent, stable tenants. Opportunity for value-add and rent increases.
Presented By: McMath Realty LLC; 602-340-1222
Interior Features for 347 N 16TH Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Laminate
Heating Y/NYes
General for 347 N 16TH Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate0.01
Carport Y/NNo
CityPhoenix
Community FeaturesOther
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, Electric, Heat Pump, Individual
CountyMaricopa
DirectionsEast on Van Buren from 19th Ave. North on 16th Ave.
DisclosuresSeller Prop Disc Stm
ElectricAPS
Elementary SchoolCapitol Elementary School
Elementary School DistrictPhoenix Elementary District
Garage Y/NNo
Gross Income33000.0
HeatingIndividual, Central, Heat Pump, Electric
High SchoolMetro Tech High School
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolCapitol Elementary School
MobileHomeRemainsYNNo
Net Operating Income26011.0
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 Expense6989.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCAPITOLA PLACE
Tax Annual Amount1329.0
Tax Lot30
Tax Year2025
Township1N
Water Sewer Expense5660.0
Year Built1951
ZoningR-5
Exterior for 347 N 16TH Avenue
Covered Spaces1.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions6754 total sq ft
Number of Buildings2
Parking Features>1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking5.0
Water SourceCity Franchise
Additional Details
Price History
Schools
High School
Metro Tech High School
Middle School
Capitol Elementary School
