412 N 17th Drive, Phoenix, AZ 85007

$362,000
List Price
$362,000
Price Change
▼ $10,000 1574126900
Days on Market
53
Status
UCB (UNDER CONTRACT-BACKUPS)
MLS#
5995484
City
Phoenix
Subdivision
Oakland
Year Built
1962

Property Description

Still affordable in downtown Phoenix! AIM is pleased to offer this downtown diamond in the rough. The astute value-add investor has plenty of upside here. Rents are $200-$300 below their potential. Unlock that upside with interior upgrades, new ACs, and a facelift. Residents enjoy the proximity to downtown and all it has to offer. Government offices are literally one block away. Within walking distance is the Grand Avenue arts district with its galleries, coffee houses, and restaurants. This central Phoenix location is hot, with renovation and redevelopment all around! 100% occupied, there are three 1-bed units and one 2-bed unit. Select units have washer/dryer hookups. The owner pays water/sewer/trash; tenants pay electric and gas. Residents enjoy a common courtyard area.

Additional Information

School District
210 - Phoenix Union High School District
Construction
Block
Cooling
Evaporative, Window/Wall Unit
Electric
Individual Meter
Finish
Painted
Floors
Ceramic Tile
Gas
None
Guest House Sq Ft
2
Heating
Window/Wall Unit(s)
New Financing
Conventional, No Carry
Parking
Free, Street Parking, Add'l Parking Avail
Project Type
Four Plex
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Subdivision
Oakland
Taxes
$1,135
Tenant Pays
Electric, Cable TV
Units
4
Water
Master Meter, City Franchise
Zoning
R-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Arizona Investment & Mgt, LLC.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.