Properties
Phoenix, AZ 85032 2825 E PARADISE Lane
$350,000
2 more
Presented By: Compass; 480-776-1555
Home Details
Fire Sale! Literally. This 4 unit Multi-family dwelling has had two units damaged by fire. 2 units are still inhabitable and have tenants. This is a cash deal only, and we are entertaining all offers. The price is reflective of a starting point. Fully rebuilt, the units will sell for approximately $650k. Access can be had to assess damage only by a general contractor, and I highly recommend all safety precautions when entering. Units 101 and 102 are leased mtm, at $1432, and $1025 respectively. Insurance funds will all be retained by the seller.
Presented By: Compass; 480-776-1555
Interior Features for 2825 E PARADISE Lane
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Carpet
Heating Y/NYes
General for 2825 E PARADISE Lane
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.59
Carport Y/NNo
CityPhoenix
Community FeaturesPlay Area, Clubhouse, Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, Ceiling Fan(s), Electric
CountyMaricopa
DirectionsFrom Greenway, North on 29th st, west, on Marconi, Right or north on 28th st, and left on Paradise, Unit is on corner.
DisclosuresSeller Prop Disc Stm
ElectricAPS, Individual Meter
Elementary School DistrictParadise Valley Unified District
Garage Y/NNo
Gross Income29484.0
HeatingForced Air, Electric
High School DistrictParadise Valley Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income19552.0
New ConstructionNo
New Financing: CashTrue
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces0.0
Operating Expense9733.0
OwnerPaysNone
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofRolled/Hot Mop
Senior CommunityN
SewerSewer-In & Connected, Public Sewer
Standard StatusActive
StatusActive
Subdivision NameGREENWAY MANOR
Tax Annual Amount1400.0
Tax Lot27
Tax Year2025
Township3N
Year Built1982
ZoningPad-13
Exterior for 2825 E PARADISE Lane
Covered Spaces4.0
Crops Included Y/NNo
Exterior AmenitiesSidewalk(s)
Irrigation Water Rights Y/NNo
Lot Dimensionssee monsoon
Number of Buildings1
Parking Features1 Space/Unit
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceIndividual Meter, City Franchise
Additional Details
Price History
