x
Price Reduction
Address
1808 E Yale Street Phoenix, AZ
Price
$ 399,900
Property Attributes
  • MLS#5927762
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodGreenfield Acres Tract 2
  • Zip85006
  • Style
  • Year Built1925
  • Taxes998
  • Price$ 399,900
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2356
Listing Provided Courtesy Of:
West USA Realty
Property Description

SELLER WANTS IT SOLD - Currently a fully occupied 3-plex with a 3-bed/2-bath 1342sf main house and two 507sf 1bed/1bath casitas. Additionally there is a 540 sf garage, built to be converted to 2/1 casita. At least 6 spaces in parking area. Lot is 85x282, so based on rough calculations, and city confirms, between 8-9 units could be built pending approvals from city. Improve the existing and increase rent, and/or convert garage to living space and increase number of rentable units. Other lots like this have already been subdivided, so that is a possibility as well. Current rent is well below area market at combined $2000/mo. Improvements could raise combined rent to $4100/mo. Very few lots of this size available in area, even fewer with access from 2 streets. Unique Opportunity.

Price History
5/17/2019 Listed $499,000
6/27/2019 10% - $450,000
7/17/2019 12% - $399,900

General Features

1 Bedroom Units: Avg Rent 450.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 1100.00
3 Bedrooms Units: Avg Sqft 1342
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Features Other (See Remarks)
Listing Status Active
Map Code/Grid P35
Net Income 23002.00
New Financing Conventional, Other (See Remarks), No Carry
Owner Pays Water, Sewer, Trash, Landscaping
Property Type F
School District 001 - Phoenix Elementary District
Subdivision GREENFIELD ACRES TRACT 2
Tenant Pays Electric, Gas, Cable TV
Type EA
Year Built 1925
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 2
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 507
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 2
Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Disposal
Cooling Electric Refrigeratd
Electric APS
Floors Carpet, Ceramic Tile
Gas Other (See Remarks)
Heating Electric, Central
Interior Features Unfurnished
Total Number of Units 3.00

Exterior Features

Public Remarks SELLER WANTS IT SOLD - Currently a fully occupied 3-plex with a 3-bed/2-bath 1342sf main house and two 507sf 1bed/1bath casitas. Additionally there is a 540 sf garage
Sale Includes Land & Building
Const - Finish Painted, Siding
Covered Parking Spcs 2.50
Exterior Features Partially Fenced
Lot Size Dimensions 85 x 282
Parking Garage, Paved Parking, >1 Space Per Unit, Assigned
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 10.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • 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 $470K
$400K
Taxes
AVG $2,056
$998
Visits
AVG 196
149
Year Built
AVG 1938
1925

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