Just Listed
Address
3002 E Mckinley Street Phoenix, AZ
Price
$ 799,900
Property Attributes
  • ML#6125935
  • TypeBackup
  • CountyMARICOPA
  • CityPhoenix
  • Zip85008
  • Style
  • Year Built1959
  • Taxes2558
  • Price$ 799,900
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3846
Listing Provided Courtesy Of:
Grace CRE
Property Description

Welcome to the Six on McKinley conveniently located in the easily accessible Downtown Phoenix corridor.Property features include updated kitchen & bath, tile flooring, all block construction, a 3 year old roof, and central A/C. All units separately metered for gas and electric. Ability to add in-suite laundry to increase rents. Cap Rate on current rent estimated at 3.87%, with average rents of $750. ProForma Cap Rate estimated at 6.53%, based on market rents of $950 per unit.Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants. Drive-by only.

Elementary School High School
Maurice C. Cash Elementary School North High School
Price History
9/2/2020 Listed $840,000
10/19/2020 5% - $799,900

General Features

1 Bedroom Units: Avg Rent 950.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Central A/C, Individual
Electric APS, Individual Meter
Elementary School Maurice C. Cash Elementary School
Exterior Features Desert Landscaping, Fenced
Features No Pool
Heating Gas, Individual
High School North High School
Interior Features Unfurnished
Map Code/Grid P35
Net Income 52202.00
New Financing Conventional, No Carry
Owner Pays Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Free
Property Type F
Public Remarks Welcome to the Six on McKinley conveniently located in the easily accessible Downtown Phoenix corridor.Property features include updated kitchen & bath, tile flooring, all block construction
Roof Comp Shingle
School District 001 - Phoenix Elementary District
Sewer Sewer - Public
Status Active
Tenant Pays Electric, Gas
Water City Franchise, Master Meter
Year Built 1959
Zoning R3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 6
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 641
Appliances Included F/S Oven/Range, Refrigerator
Floors Concrete
Gas Individual Meter, SW Gas
Total Number of Units 6.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 4.00
Lot Size Dimensions 274X75
Total Parking Spcs 10.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85008

Price
AVG $410K
$800K
Taxes
AVG $1,775
$2,558
Visits
AVG 46
2
Year Built
AVG 1972
1959

Areas We Cover