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$1,399,000

1614 /1608 W Osborn Road
Phoenix, AZ 85015

For Sale|Multi-Family|Active
Subdivision:
WESTWOOD TERRACE
County:
Maricopa

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480-294-8680
1614 /1608 W Osborn Road1614 /1608 W Osborn Road1614 /1608 W Osborn Road1614 /1608 W Osborn Road
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Welcome to Westwood Terrace Apartments. Centrally located near Encanto Park and schools. These two triplex's recently renovated. Recent updates are new paint, updated ,windows, kitchens and bathrooms, brand new fencing in front, washer and dryers hookups inside the units. Each triplex has it's own parcel of 9,800 lot's each. Also have covered parking for all the units. They can be purchased with residential financing or one commercial loan . This portfolio sale must be purchased together. Current gross rents are below market at 6648 a month ($1,107) each unit, estimated 4.40% cap on current collection. Proforma rents are 8,400 a month ($1,399,) per unit estimated 5.50% cap on proforma rents.

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Listing Snapshot
Price
$1,399,000
Days Online
71 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1952
MLS Number
6135307
Status
Active
Property Tax
$2,880
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Construction
Block
Lot Dimensions
19,760
Sewer
Sewer - Public
Water
Master Meter
Gas
SW Gas
Project Type
5 - 12 UnitsTri-Plex
Interior Features
Cooling
Electric Refrigeratd
Heating
Ceiling Fan(s)Gas
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Exterior Features
Roof
Comp Shingle
Community Features
Zoning
R-4
Schools
School District
Phoenix Union High School District
Elementary School
Encanto School
Middle School
Osborn Middle School
High School
Central High School
Listing courtesy of Grace CRE.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020-present Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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