Price Reduction
Address
810 E Colter Street Phoenix, AZ
Price
$ 450,000
Property Attributes
  • MLS#5692216
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodImperial Plaza Unit 1-12A 14-16 18 20-54
  • Zip85014
  • Style
  • Year Built1962
  • Taxes1018
  • Price$ 450,000
  • Bedrooms9
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage5256
Listing Provided Courtesy Of:
Keller Williams Arizona Realty
Property Description

Fantastic Opportunity for investment in prime Central Phoenix Location close to tons of redevelopment and easy access to the whole valley. Sale consists of 4 condos two 2 bedroom units, two 1 bedroom units and the Note on unit 12(2 bedroom) which has 2 years left on the balloon at 6% interest 95k balance. A couple of the units have long term tenants at old rates which should be adjusted when leases come due. Grounds are well taken care of this is a great passive investment for the savvy investor. Units are also for sale individually for 115k for the 2 bedrooms and 90k for the 1 bedrooms. Buy them all and take advantage of the discount and get the note for number 12 for free!

Elementary School Middle School High School
Madison Elementary School Madison Meadows School Middle School Central High School
Price History
11/27/2017 Listed $550,000
2/20/2018 19% - $450,000

General Features

1 Bedroom Units: Avg Rent 730.00
2 Bedroom Units: Avg Rent 820.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Listing Status Active
Net Income 34134.00
New Financing Conventional, Trade
Owner Pays None
Property Type F
School District 038 - Madison Elementary District
Subdivision Y/N IMPERIAL PLAZA UNIT 1-12A 14-16 18 20-54
Tenant Pays Water, Sewer, Electric, Trash, Cable TV
Type ER
Year Built 1962
Zoning Multi Family

Interior Features

1 Bedroom Units: # 1 Bedroom Units 3
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 744
2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 1008
Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Disposal
Cooling Electric Refrigeratd
Electric APS
Floors Ceramic Tile
Gas None
Heating Electric
Total Number of Units 5.00

Exterior Features

Sale Includes Building(s) Only, Other (See Remarks)
Complex Features Pool(s)
Const - Finish Painted
Covered Parking Spcs 5.00
Exterior Features Guard Gate
Lot Size Dimensions 3662
Parking 1 Space/Unit, Carport
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 5.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85014

Price
AVG $860K
$450K
Taxes
AVG $3,041
$1,018
Visits
AVG 26
9
Year Built
AVG 1964
1962
Walkscore
AVG 64
64

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