Properties
Phoenix, AZ 85020 315 E Carol Avenue
$539,900
17 more
Presented By: Grayson Real Estate; 602-418-2950
Home Details
100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.
Presented By: Grayson Real Estate; 602-418-2950
Interior Features for 315 E Carol Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile, Vinyl
Heating Y/NYes
General for 315 E Carol Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate8.12
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, Electric, Heat Pump, Individual, 2 or More Units
CountyMaricopa
DirectionsFrom AZ-51 and Northern West on Northern, North on 7th Street, West on Hatcher, North on 5th Street, West on Carol to property.
DisclosuresAppraisal
ElectricAPS, Master Meter
Electric Expense3600.0
Elementary SchoolSunnyslope Elementary School
Elementary School DistrictWashington Elementary School District
Garage Y/NNo
Gross Income52800.0
HeatingIndividual, Central, Heat Pump, 2 or More Units, Electric, Natural Gas
High SchoolSunnyslope High School
High School DistrictGlendale Union High School District
Insurance Expense1950.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolSunnyslope Elementary School
MobileHomeRemainsYNNo
Net Operating Income43822.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total3
Occupancy TypeTenant
Open Parking Spaces4.0
Operating Expense8978.0
OwnerPaysSee Remarks, Gas, Electricity, Trash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTENGEN PLACE ADDITION
Tax Annual Amount428.0
Tax Lot1
Tax Year2024
Township3N
Water Sewer Expense3000.0
Year Built1940
ZoningR3
Exterior for 315 E Carol Avenue
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions55 x136
Number of Buildings2
Parking FeaturesOff Street, 1 Space/Unit
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceMaster Meter, City Franchise
Additional Details
Price History
Schools
Middle School
Sunnyslope Elementary School
High School
Sunnyslope High School
