9163 W WASHINGTON Street
Tolleson, AZ 85353
Number of Units: 3
Type: Multi-Unit Residential
Fantastic BLOCK built triplex in the west valley. Property has three 2 bedroom/1 bath units, a court yard with seating, storage facility, designated parking, and has INDIVIDUAL electric meters. Each unit is approximately 700 square feet. Roof was replaced with 3 tab dimensional shingles in 2010, two of the three AC units were replaced in 2010 (other unit in 2008). Interior painted within last two years. Exterior painted 2012. Property sits North South and has energy saving dual pane windows and upgraded insulation. All leases are month to month with long term tenants. Rent has not been increased in years. 8% CAP rate at listing price.
Cross Street: 91st Ave & Van Buran
Directions: Continue south on 91st Ave to Washington Street, property is on the south side of the street.
Interior: Unfurnished, Fire/Smoke Alarm(s), Mini Blinds
Heating: Electric, Individual
Cooling: Electric Refrigeratd
Exterior: Partially Fenced
Septic or Sewer: Sewer - Public
Electric: Individual Meter, SRP
Parking Description: Paved Parking, <1 Space Per Unit, Street Parking, Assigned
2 Bedroom Units: # 2 Bedroom Units: 3, Avg Rent: $650.00, Avg SqFt: 700, # Baths: 1
New Financing: Conventional, No Carry
Annual Expenses: Ins Exp: $700.00, Maint Exp: $400.00, Wtr/Swr Exp: $2000.00
Income & Expenses: Owner Association: No, Operating Exp: $3924.00
Income & Expenses: Gross Annual Sch Inc: $21600.00, Adjusted Gross Inc: $21600.00, Totl Mnth Rntal Inc: $1800.00, Net Operating Income: $21600.00
Property SubType: Tri-Plex
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Elite Integrity Group
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The information related to properties for sale on this website comes in part from the Internet Data Exchange (IDX) Program of the Arizona Regional Multiple Listing Service, Inc. (ARMLS). All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
ARMLS (Arizona) data last updated at January 18, 2018 6:14 PM MST