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1215 W Pima St
Phoenix, AZ 85007
1215 W Pima St · Multifamily Property For Sale
·
3 Units
PROPERTY FACTS
| No. Units | 3 | Building Size | 1,375 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Lot Size | 0.15 AC | Year Built/Renovated | 1943/2018 |
| Zoning | M-M | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.15 AC |
| Building Size | 1,375 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1943/2018 |
| Zoning | M-M |
ABOUT 1215 W PIMA ST , PHOENIX, AZ 85007
Newly remodeled tri-plex with leases and security deposits in place at $1,850 gross rent for a 10% CAP. Unit 1 is a two bedroom being leased at $750 per month (market is $900), Unit 2 and 3 are 1 bedrooms being rented for $500 and $600 per month, respectively. The property has recently had a new 2.5 ton heat pump installed at Unit 1 with Unit 2 and 3 getting new highly efficient mini-splits with heating elements. A new roof has been installed at Unit 1 and 2 as well. Both buildings have been painted and have new Triple Low E Glass windows. New kitchen and bathroom cabinets and counters are in, too. Tenants pay electric and gas. Currently the owner pays water, sewer, trash, and pest control. Property is professionally managed with financials available per request.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $750.00 | 750 |
| 1+1 | 2 | $575.00 | 325 - 400 |
