2936 E VAN BUREN Street, Phoenix, AZ 85008

$3,800,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,800,000 Last Modified: 6/26/2024

Overview

Description

28 Casita style units (single story) with 760 square feet of retail space on Van Buren. 16 Buildings total. Nearly 100% renovated, new construction down to studs within past few years. 26 units are 1 bedroom/1 bath, 2 units are 2 bedroom/1 bath. New asphalt parking lot. All units are separately metered. Coin laundry room. 93% occupancy, final unit to be completed in next two months, then ready to lease.

Listing Details MLS# 6528308

Location, Tax & Legal

Map Code/Grid
Q35
House Number
2936
Compass
E
Street Name
VAN BUREN
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Zip4
6845
Country
US
County Code
Maricopa
Assessor Number
121-68-063-B
Tax Year
2022

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irregular
Year Built
1945
Uncvrd Parking Spcs
34
Total # of Units
28
# of Buildings
16
Zoning
C-3
Flood Zone
No
Elementary School District
Wilson Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
30th Street & Van Buren
Directions
North side of Van Buren at 29th Street.

Status Change Info

Off Market Date
2024-04-25
Under Contract Date
2024-04-24
Close of Escrow Date
2024-06-25

Legal Info

Township
1N
Range
3E
Section
2
Lot Number
Yes

More Information

1 Bedroom Units

# 1 Bedroom Units
26
Avg SqFt
380
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg SqFt
508
# Baths
Yes

Contact Info

List Agent Home Phn
602-620-1453

Sold Info

Loan Type
Cash to Loan
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: 25 - 50 Units Other Type: Other (See Remarks) Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Cable TV Available Interior Features: Unfurnished; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: 1 Space/Unit; Free Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash to Loan Environmental: None
IDX
Listing Office: MCG Realty
Last Updated: June - 26 - 2024
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