14239 W PEORIA Avenue $1,500,000

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    14239 W PEORIA Avenue Waddell, AZ 85355

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6388466
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    Views: 23 Days On Site: 66

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    Property Details

    Rare opportunity to acquire this well-performing asset situated just 1/2 mile from major manufacturing facilities. Flat roofs were recoated in 2021. Pitched roofing was completed by a licensed roofer in 2021. Several new water heaters, landscape rock, and brand new exterior paint! 1,340 acre industrial park, Woolf Logistics Industrial Campus & Red Bull manufacturing facility nearby. Almost no competition at these rental price points! Main ranch house is 2 bed 1 bath with large living room. Excellent mix of 1 bedroom and studios. All units are air conditioned and tenant friendly. Always 100% occupied with a waitlist makes this property easy to rent when a tenant relocates. The units have been upgraded at various times with plumbing, wiring, flooring, fixtures and cabinetry. On site laundry

    • General Features
      • Community Amenities Barbecue,No Pool
      • County Maricopa
      • Covered Parking Spcs 4.00
      • Cross Street Litchfield Rd & Peoria
      • Directions SE corner for Peoria and 143rd Ave
      • Gas None
      • Marketing Name na
      • New Financing 1031 Exchange,Conventional,Seller May Carry,Wraparound
      • Parking >1 Space Per Unit,RV/Boat Parking
      • Project Type 5 - 12 Units
      • Roofing Built-Up,Comp Shingle,Foam,Rolled,Tile
      • Special Listing Conditions Owner/Agent
      • Tax Municipality Maricopa - COUNTY
      • Taxes $1,355
      • Total Units 9.00
      • Unit # OFC
      • Year Built 1950
      • Zoning R43
    • Building Features
      • Construction Block
      • Appliances Included F/S Oven/Range,Refrigerator,Washer/Dryer
      • Floors Carpet,Ceramic Tile,Vinyl
      • Cooling Ceiling Fan(s),Central A/C,Electric,Heat Pump,Individual,Window/Wall Unit
      • Heating Central,Electric,Individual
      • Interior Amenities Fire/Smoke Alarm(s),Unfurnished
    • Room Features
      • # 1 Bedroom Units 4
      • 1 Bedroom Units: Avg Rent 925.00
      • 1 Bedroom Units: Avg SqFt 0
      • 1 Bedroom Units: # Baths 1
      • # 2 Bedroom Units 1
      • 2 Bedroom Units: # Baths 1
      • 2 Bedroom Units: Avg Rent 1275.00
      • 2 Bedroom Units: Avg SqFt 0
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 4
      • Efficiency Units: # Baths 1
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 875.00
      • Legal Info: Township 28
      • Tenant Pays Electric
      • Owner Pays Landscaping,Sewer,Trash Collection,Water
      • Income & Expenses: Totl Mnth Rntal Inc 7370.00
      • Income & Expenses: Net Operating Income 77035.00
      • Income & Expenses: Gross Annual Sch Inc 99900.00
      • Income & Expenses: Adjusted Gross Inc 96045.00
      • Legal Info: Range 1W
      • Legal Info: Lot Number 0
      • Total Parking Space 29.00
      • Electric APS
      • Exterior Amenities Desert Landscaping,Landscape Wtr System,Partially Fenced,Security Light(s),Separate Storage
      • Sewer Septic Tank
      • Water Domestic Well
    • Schools
      • Elementary School Luke Elementary School
      • High School Dysart High School
      • Middle School Luke Elementary School
      • School District 089 - Dysart Unified District

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    Neighborhood

    85355 (Waddell) Demographics

    35 Median Age
    369 Population Density (per sq. mile)
    37% College Educated
    $91,533 Estimated Median Income
    3,278 Estimated Total Home Owners
    343 Estimated Total Renters
    91% / 9% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    12,998 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $600,000 Median Sales Price
    19 Homes Sold
    4 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,500,000
        4/23/2022 9:25:00 PM New in Database Source: Multiple Listing Service New Value: $1,500,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Data last updated 6/28/2022 5:58:17 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Engel & Völkers Scottsdale.

        All information should be verified by the recipient and none is guaranteed as accurate by ARMLS


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.