This is an opportunity to purchase a duplex with residential financing. Own a building three blocks from the new extensionof the light rail. The sister duplex is under remodel(separate APN) & the SFH will be remodeled (separate APN).Own a complex! The duplex is finished w/new windows, new landscaping, new fencing, new paint inside & out-MANY more upgrades. Currently in lease up mode. See Document Tab for info. Buyer to verify all facts and figures. One unit is now occupied at $1195 per month.
Off market
$327,500
305 E Roeser Rd APT B, Phoenix, AZ 85040
3beds
1,600sqft
MultiFamily
Built in 1965
-- sqft lot
$327,500 Zestimate®
$205/sqft
$1,778 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat pump, Electric
Cooling
- Evaporative
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Outside
Features
- Great Room, Eat-in Kitchen
- Flooring: Tile, Carpet
- Windows: Double Pane Windows
Interior area
- Total interior livable area: 1,600 sqft
Property
Parking
- Details: On Property
Features
- Entry level: 1st,1st
- Patio & porch: Covered
- Exterior features: Cement / Concrete
- Fencing: Wood, Block
Lot
- Size: 7,291 sqft
- Residential vegetation: Decorative Gravel
Details
- Parcel number: 11342050B
- Zoning: CB2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
Materials
- Roof: Other
Condition
- Year built: 1965
Utilities & green energy
- Electric: APS
- Sewer: Connected
- Water: Public
- Utilities for property: Cable Available, Natural Gas Not Available, Sewer Connected
Community & neighborhood
Security
- Security features: Security Lights, Smoke Detector(s)
Location
- Region: Phoenix
Other
Other facts
- ViewYN: true
- WaterSource: Public
- Flooring: Carpet, Ceramic Tile
- Appliances: Refrigerator, Electric Range, Electric Water Heater
- Roof: Shingle
- Heating: Electric, Heat Pump
- HeatingYN: true
- Utilities: Cable Available, Natural Gas Not Available, Sewer Connected
- CoolingYN: true
- TenantPays: Cable TV, Gas, Grounds Care
- ConstructionMaterials: Block
- OwnerPays: Sewer, Trash Collection, Insurance, Water, Taxes, Electricity
- PropertyAttachedYN: true
- WindowFeatures: Double Pane Windows
- Cooling: Heat Pump, Ceiling Fans
- ArchitecturalStyle: Contemporary
- OperatingExpenseIncludes: Water/Sewer, Utilities, New Tax, Insurance, Professional Management, Supplies, Contract Services
- SpecialListingConditions: Standard
- InsuranceExpense: 1200.00
- Zoning: CB2
- LotSizeSource: Assessor
- Fencing: Wood, Block
- SecurityFeatures: Security Lights, Smoke Detector(s)
- ParkingFeatures: Gravel, On Property
- InteriorFeatures: Great Room, Eat-in Kitchen
- PatioAndPorchFeatures: Covered
- RoadResponsibility: Public Maintained Road
- RoadSurfaceType: Chip And Seal
- CapRate: 5.08
- ManagerExpense: 0.00
- OtherExpense: 0.00
- VacancyAllowanceRate: 0.00
- Vegetation: Decorative Gravel
- View: Residential
- LaundryFeatures: Outside
- OtherParking: On Property
- WaterSewerExpense: 1400.00
- Sewer: Connected
- EntryLevel: 1st,1st
- RoomBathroomFeatures: Shower Only/Hall
- Electric: APS
- RoomKitchenFeatures: Countertops / Formica
- GrossScheduledIncome: 27480.00
- ProfessionalManagementExpense: 1440.00
- SuppliesExpense: 1000.00
- MlsStatus: Active
- TaxAnnualAmount: 631.00
- VacancyAllowance: 0.03
- GrossIncome: 27479.97
- NetOperatingIncome: 19558.97
- NewTaxesExpense: 681.00
- OperatingExpense: 7921.00
- Road surface type: Chip And Seal
Services availability
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Estimated market value
$327,500