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1826 N 51st Street, Phoenix, AZ 85008

$5,250,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $5,250,000 Last Modified: 10/05/2024

More Information MLS# 6651091

Contract Info

Current Price: $5,250,000 Sold Price: $5,250,000 Status: Closed List Date: 2024-01-16 Ownership: Fee Simple

Location Tax Legal

House Number: 1826 Compass: N Street Name: 51st St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Country: USA County Code: Maricopa Assessor Number: 126-20-006-B Tax Year: 2023

General Property Description

Lot Size Dimensions: unknown Year Built: 1981 Uncvrd Parking Spcs: 23 Total # of Units: 29 # of Buildings: 7 Zoning: R-3 Elementary School District: Balsz Elementary District High School District: Phoenix Union High School District

Remarks Misc

Geo Lat: 33.468086 Geo Lon: -111.973091

Status Change Info

Status Change Date: 2024-10-04 Off Market Date: 2024-10-04 Under Contract Date: 2024-06-21 Close of Escrow Date: 2024-09-10 Sold Price: $5,250,000

Legal Info

Lot Number: 4

Income Expenses

Gross Annual Sch Inc: 523800 Net Operating Income: 381067

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 21 Avg Rent: 1450 Avg SqFt: 630 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 8 Avg Rent: 1650 Avg SqFt: 830 # Baths: 1

Sold Info

Loan Type: Conventional Loan Years: 25 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: 25 - 50 Units Construction: Frame - Wood; Slump Block Const - Finish: Painted; Stucco Roofing: Comp Shingle Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Amenities: Pool; Barbecue; See Remarks Exterior Amenities: Desert Landscaping Appliances Included: F/S Oven/Range; Refrigerator; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Individual Water: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking: >1 Space Per Unit; Paved Parking Owner Pays: Water; Trash Collection Tenant Pays: Electric Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Email Lockbox Type: None New Financing: Conventional; Other (See Remarks) Environmental: None
Listing Office: Munroe Multifamily
Last Updated: October - 05 - 2024
1826 N 51st Street, Phoenix, AZ 85008- MLS# 6651091
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