Address
3316 W Loma Lane Phoenix, AZ
Price
$ 550,000
Property Attributes
  • MLS#6146669
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodNorthern Lanai Unit 1
  • Zip85051
  • Style
  • Year Built1974
  • Taxes2223
  • Price$ 550,000
  • Bedrooms9
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3750
Listing Provided Courtesy Of:
HomeSmart
Property Description

100% Occupied 4 Unit Property!. Great unit mix with 3/2 with fireplace that's about 1200SF, and 3 2/1 units ranging from 950 SF to 850SF with private patios or balconies. Roof was replaced in 2014 and property features additional blown in insulation, mirrored closet doors, and window sunscreens with many updated fixtures throughout . Each unit has a garage space. There is an onsite laundry facility that has owner owned coin-op machines for extra income that will convey with the sale. HOA maintains grounds. Current rents are $1200, $900, $900, $800.

High School
Cortez High School
Price History
10/15/2020 Listed $550,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 900.00
3 Bedrooms Units: Avg Rent 1200.00
3 Bedrooms Units: Avg Sqft 1200
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Cooling Central A/C, Electric Refrigeratd, Heat Pump
Electric SRP
Exterior Features Cable TV Available, Fenced, Green Landscaping, Landscape Wtr System, Patio/Balcony, Separate Storage
Features No Pool
Heating Ceiling Fan(s), Electric
High School Cortez High School
Interior Features Fire/Smoke Alarm(s), Mini Blinds, Unfurnished
Map Code/Grid N33
Net Income 39858.00
New Financing Conventional, FHA, No Carry, VA
Owner Pays Sewer, Trash Collection, Water
Parking Garage, Paved Parking, Street Parking
Property Type F
Public Remarks 100% Occupied 4 Unit Property!. Great unit mix with 3/2 with fireplace that's about 1200SF
Roof Comp Shingle
School District 006 - Washington Elementary District
Sewer Sewer - Public
Status Active
Subdivision NORTHERN LANAI UNIT 1
Tenant Pays Cable TV, Electric
Water City Franchise, Master Meter
Year Built 1974
Zoning R3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 850
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 2
Appliances Included BI Oven/Range, Dishwasher, Disposal, F/S Oven/Range, Refrigerator, Washer/Dryer
Floors Carpet, Ceramic Tile, Concrete, Vinyl/Composition
Gas None
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted, Stucco
Covered Parking Spcs 4.00
Lot Size Dimensions IRR
Total Parking Spcs 8.00

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 85051

Price
AVG $580K
$550K
Taxes
AVG $1,891
$2,223
Visits
AVG 28
33
Year Built
AVG 1967
1974

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.