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1115 E MCLELLAN Boulevard, Phoenix, AZ 85014 (MLS# 6612589)

1115 E MCLELLAN Boulevard, Phoenix, AZ 85014

$1,100,000
Status: Active
Current Price: $1,100,000 List Date: 10/04/2023 Last Modified: 5/19/2024

Description

Located in one of the most sought-after areas of Central Phoenix, this charming property offers entry into a market where new larger-scale multi-family properties are being built. This high-demand area is highly sought after due to its proximity to large employment centers and easy access to the 51 and downtown.

More Information MLS# 6612589

Contract Info

Current Price: $1,100,000 List Price: $1,100,000 Status: Active List Date: 2023-10-02 Ownership: Fee Simple Subagents: N Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

House Number: 1115 Compass: E Street Name: MCLELLAN St Suffix: Boulevard City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Zip4: 1200 Country: USA County Code: Maricopa Legal Description (Abbrev): BELLAMY AC LOT 9 S 132' OF N 157' OF E 80' Subdivision: BELLAMY ACRES Assessor's Map #: 6 Assessor's Parcel #: 9 Assessor Parcel Ltr: B Add'l Parcels: No Assessor Number: 161-06-009-B Legal: BELLAMY AC LOT 9 S 132' OF N 157' OF E 80' Census Tract: 106501 Tax Municipality: Phoenix Taxes: 2282 Tax Year: 2022 Marketing Name: unk

General Property Description

Lot Size Dimensions: 10560 Year Built: 1960 Uncvrd Parking Spcs: 6 Total # of Units: 4 # of Buildings: 2 Zoning: R3 Elementary School: Madison Elementary School Jr. High School: Madison #1 Middle School High School: North High School Elementary School District: Madison Elementary District High School District: Phoenix Union High School District

Remarks & Misc

Cross Street: 12th street and Maryland Directions: North to Mclellan property on the south side of the road Geo Lat: 33.532581 Geo Lon: -112.057539

Status Change Info

Status Change Date: 2024-04-05

Legal Info

Lot Number: 009

Income & Expenses

Annual Ins Exp: 1350 Annual Landscape Exp: 2160 Annual Wtr/Swr Exp: 2400 Owner Association: No Operating Exp: 8192 Gross Annual Sch Inc: 67228 Adjusted Gross Inc: 67228 Net Operating Income: 57076

Pmt & Rate Info

Cap Rate: 5.19 Down Payment %: 30 Monthly Payments: 5500 Equity: 1100000

Showing Notification Methods

Showing Service: Non-MLS Showing Service - See Private Remarks

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 1287 Avg SqFt: 500 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1500 Avg SqFt: 550 # Baths: 1

Contact Info

List Agent Home Phn: 602-920-3131

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Comp Shingle Floors: Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Amenities: No Pool; Other Exterior Amenities: Other (See Remarks) Interior Amenities: Vertical Blinds; Mini Blinds Appliances Included: Refrigerator; Washer/Dryer; Other (See Remarks) Heating: Ceiling; Central; Heat Pump Cooling: Ceiling Fan(s); Electric; Heat Pump; Central A/C Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking: Street Parking; 1 Space/Unit Roads/Streets: Dedicated Street Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric Source of Fincl Data: Provided by Owner Special: Accept Backups (CLO) Lockbox Type: None Existing 1st Loan: Conventional New Financing: Conventional; No Carry; 1031 Exchange Reports/Disclosures: None Environmental: None
Listing Office: HomeSmart
Last Updated: May - 19 - 2024
1115 E MCLELLAN Boulevard, Phoenix, AZ 85014- MLS# 6612589
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