5038 N 18TH Avenue

Phoenix, AZ 85015
Beds
9
$570,000
Remodeled 3-unit PadSplit investment near Valley Metro Rail at 19th Ave/Camelback. Two buildings total approximately 2,276 SF and are configured as nine furnished rentable rooms across three 3BR/1BA units. Seller reports $120,000+ in improvements, including updated kitchens, baths, flooring, windows, plumbing, electrical, lighting, coded entry and full-size laundry. At $205… Read MoreRead Less
Courtesy of Gerchick Real Estate 602-688-9279
Listing Snapshot
Days Online
3
Last Updated
Beds
9
Year Built
1984
MLS Number
7090472
Property Location Map

Source: Home Junction

Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Dishwasher, Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven, Built-In Gas Oven, Microwave, Washer/Dryer
Building
Built in 1984, 2 buildings, Construction Materials: Board & Batten Siding, Painted, Brick
Community
No Pool
Cooling
Ceiling Fan(s), Electric, Heat Pump, Varies by Unit
Disclosures
Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
Expenses
Electric: $6,500, Fuel: $1,200, Gardener: $1,200, Insurance: $2,400, Maintenance: $1,200, Operating: $35,718, Trash: $1,200, Water/Sewer: $3,600, Other Expense: $9,720
Floors
Vinyl
Heating
Forced Air, Varies by Unit, Heat Pump, Electric, Natural Gas
Income
Gross Income: $88,537.9, Gross ScheduledIncome: $95,202, Net Operating Income: $52,820
Lot
Dimensions: irr
Owner Pays
Gas, Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
Parking
5 open parking spaces, 5 total parking spaces, Off Street, Free, Add'l Parking Avail, >1 Space Per Unit, On Street
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 156-37-054, Public Survey Range: 3E, Public Survey Section: 18, Annual Amount: $1,615, Tax Book Number: 156.00, Legal Description: NILE TR LOTS 12 & 13 N 60' OF S 120' OF N 300' OF FOL DESC BEG ON S LI LOT 12 AT PT 80' E OF SW, Lot: 12, Year: 2025, Zoning: [R-3] Multiple
Utilities
Water Source: Master Meter, City Franchise, SRP, Individual Meter
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