Price Reduction - Seller Financing
Address
925 E Mckinley Street Phoenix, AZ
Price
$ 825,000
Property Attributes
  • MLS#6045754
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodHighland Add. Lots 93-102
  • Zip85006
  • Style
  • Year Built1916
  • Taxes1589
  • Price$ 825,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1000
Listing Provided Courtesy Of:
Paramount Management & Realty, LLC
Property Description

SELLER FINANCING LOW INTEREST ONLY PAYMENTS!!!!!! Beautiful Garfield historic district 6 plex come and grab a piece of Phoenix history. Are you looking for value add??? This property will allow you to build 4-6 additional units per zoning. You can add units and cash flow during construction. 5 of 6 units have been updated with fresh paint, new fixtures counter tops and appliances. Complex perfect for student housing University of Arizona Medical School less than a half mile away. Owner wants it sold bring your offers!!!!See attached documentsOne of the sellers is a licensee in the state of AZ.

Price History
3/5/2020 Listed $850,000
7/2/2020 2% - $835,000
11/10/2020 1% - $830,000
11/23/2020 1% - $825,000

General Features

1 Bedroom Units: Avg Rent 950.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Brick
Cooling Electric Refrigeratd
Electric APS
Exterior Features Patio/Balcony
Features No Pool
Heating Electric
Interior Features Fire/Smoke Alarm(s)
Map Code/Grid Q34
Net Income 63159.00
New Financing 1031 Exchange, Conventional, Seller May Carry, Trade, Wraparound
Owner Pays Water
Parking 1 Space/Unit, Free, Paved Parking
Property Type F
Roof Comp Shingle
School District 001 - Phoenix Elementary District
Sewer Sewer - Public
Status Active
Subdivision HIGHLAND ADD. LOTS 93-102
Tenant Pays Electric
Water City Franchise
Year Built 1916
Zoning R-5

Interior Features

1 Bedroom Units: # 1 Bedroom Units 2
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 500
Appliances Included Disposal
Floors Vinyl/Composition
Gas None
Total Number of Units 6.00

Exterior Features

Sale Includes Land & Building
Const - Finish Brick Trim/Veneer, Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions 6875
Total Parking Spcs 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85006

Price
AVG $840K
$830K
Taxes
AVG $1,497
$1,589
Visits
AVG 109
157
Year Built
AVG 1964
1916
Walkscore
AVG 79
85
Data Provided by Walkscore ® not using MLS data

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