2922 E ROESER Road, Phoenix, AZ 85040 (MLS# 6680092)

$549,990

2922 E ROESER Road
Phoenix, AZ 85040
MLS# 6680092
Status: Closed

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Property Description
Attention all investors! Great rental property centrally located in a high desirable area, with upside potentials. Triplex, 2 bed 1 bath each recently renovated. All units come with washer/dryer in unit. Also selling 2918 E Roeser another triplex. Properties are currently being managed as a 6-unit apartment complex.

Details

Maps

Contract Info

Current Price: $555,000

List Price: $549,990

Status: Closed

List Date: 2024-03-20

Ownership: Fee Simple

Subagents: N

Buyer/Broker: Y

Buyer Broker $/%: %

Location, Tax & Legal

House Number: 2922

Compass: E

Street Name: ROESER

St Suffix: Road

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85040

Zip4: 3723

Country: USA

County Code: Maricopa

Legal Description (Abbrev): WIER ESTATES MCR 35-43 LOT 159 E2

Subdivision: WIER ESTATES LOTS 159-168

Assessor's Map #: 61

Assessor's Parcel #: 98

Assessor Parcel Ltr: B

Add'l Parcels: No

Assessor Number: 122-61-098-B

Legal: WIER ESTATES MCR 35-43 LOT 159 E2

Census Tract: 116100

Tax Municipality: Phoenix

Taxes: 712.76

Tax Year: 2023

Marketing Name: UNKOWN

General Property Description

Lot Size Dimensions: 7657

Year Built: 1984

Uncvrd Parking Spcs: 3

Total # of Units: 3

# of Buildings: 1

Zoning: R3

Flood Zone: No

Elementary School: T G Barr School

Jr. High School: Irene Lopez Elementary School

High School: South Mountain High School

Elementary School District: Roosevelt Elementary District

High School District: Phoenix Union High School District

Remarks & Misc

Cross Street: 29th St & Roeser Rd

Geo Lat: 33.399952

Geo Lon: -112.017276

Status Change Info

Status Change Date: 2024-05-04

Off Market Date: 2024-05-04

Under Contract Date: 2024-04-01

Close of Escrow Date: 2024-05-03

Sold Price: 555000

Legal Info

Township: 1N

Range: 3E

Section: 26

Lot Number: 159

Income & Expenses

Owner Association: No

Operating Exp: 712.76

Gross Annual Sch Inc: 52800

Vacancy Allowance: 0.05

Adjusted Gross Inc: 50160

Net Operating Income: 47400

Pmt & Rate Info

Cap Rate: 8.62

Equity: 549990

Showing Notification Methods

Showing Service: No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units: 3

Avg Rent: 1289

Avg SqFt: 700

# Baths: 2

Sold Info

Loan Type: Conventional

Loan Years: 30

Payment Type: Fixed

Closing Cost Split: Normal - N

Buyer Concession $/%: $

Seller Concession to Buyer: 5000

Seller Concession $/%: $

Property Features

Project Type: Tri-Plex

Construction: Block

Const - Finish: Stucco

Roofing: Built-Up

Floors: Concrete; Vinyl

Sale Includes: Land & Building

Community Amenities: No Pool

Exterior Amenities: Patio/Balcony

Appliances Included: F/S Oven/Range; Refrigerator; Microwave; Washer/Dryer

Heating: Central

Cooling: Central A/C

Water: City Franchise

Sewer: Sewer - Public

Electric: SRP

Gas: None

Parking: Other (See Remarks)

Roads/Streets: Gravel

Owner Pays: Water; Trash Collection; Landscaping

Tenant Pays: Electric; Cable TV; Other (See Remarks)

Source of Fincl Data: Unknown

Showing Notification Methods: Text; Phone Call

Lockbox Type: None

Existing 1st Loan: Conventional

New Financing: VA; FHA; Conventional; 1031 Exchange

Reports/Disclosures: Other (See Remarks)

Environmental: Other (See Remarks)

Listing Office: West USA Realty

Last Updated: May - 04 - 2024

Saturday 18th of May 2024 07:13 AM