13913 PALM Street $915,000

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    13913 PALM Street El Mirage, AZ 85335

    Closed
    SOLD 2/7/2020

    $915,000

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 5992715
    Favorite Share
    Views: 37 Days On Market: 134

    Property Details

    3-5 plexes on 3 parcels.This offering of 14 (2 Bd/1 Bath) & 1 (1 Bd/1Bath) units is located in the city of El Mirage. The property is fully occupied with the exception of 1 unit which is currently being utilized as an office/storage for the property..The current owner plans to return it to a rented unit in December.All units fully renovated in past 3-5 years. Easy Desert Landscape makes upkeep a breeze! Plenty of parking for all units!! HUGE UPSIDE! 6.75 cap rate on market/proforma rents. 2 roofs recently replaced. Located in the West Valley between Surprise and Sun City, just off US 60 and the 101.

    • General Features
      • Assessor Book # 501.00
      • Assessor Map # 27.00
      • Assessor Number 501-27-077
      • Assessor Parcel # 77.00
      • Community Amenities No Pool
      • County Maricopa
      • Covered Parking Spcs 0.00
      • Cross Street Thunderbird & North Palm St
      • Directions Take Exit 11 from AZ-101 to 91st Ave toward US60/Grand AveTake US60/Grand Ave NW to Thunderbird RdTurn Left onto Thunderbird RdTurn Right onto North Palm StProperty will be on the right
      • Gas None
      • List Date 2019-09-24
      • Marketing Name 15
      • New Financing Conventional
      • Off Market Date 2020-02-11
      • Parking 1
      • Project Type 5 - 12 Units
      • Roofing .
      • Subdivision EL MIRAGE 3 TR U, S
      • Tax Municipality El Mirage
      • Tax Year 2019
      • Taxes $784
      • Total Units 15.00
      • Type EA
      • Uncvrd Parking Spcs 5.00
      • Year Built 1973
      • Zoning MU
    • Building Features
      • Construction ,
      • Appliances Included ,
      • Floors Ceramic Tile
      • Cooling ,
      • Heating Window/Wall Unit(s)
      • Interior Amenities ,
    • Room Features
      • 1 1
      • 1 500.00
      • 1 0
      • 1 1
      • 2 14
      • 2 1
      • 2 599.00
      • 2 0
      • 3 0
      • 3 0
      • 3 0
      • 3 0.00
      • 4 0
      • 4 0
      • 4 0.00
      • 4 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 12
      • Tenant Pays ,
      • Ownership Fee Simple
      • Owner Pays ,
      • Income & Expenses: Net Operating Income 57972.74
      • Income & Expenses: Gross Annual Sch Inc 99480.00
      • Income & Expenses: Adjusted Gross Inc 94506.00
      • Legal Info: Range 1
      • Legal Info: Lot Number 7
      • Total Parking Space 5.00
      • Number of Buildings 3
      • Electric APS
      • Exterior Amenities Desert Landscaping, Partially Fenced, Cable TV Available
      • Lot Size Dimensions 25200
      • Sewer Sewer - Public
      • Water City Franchise
    • Schools
      • School District 089

    Neighborhood

    85335 (El Mirage) Demographics

    28 Median Age
    3,403 Population Density (per sq. mile)
    20% College Educated
    $49,504 Estimated Median Income
    6,068 Estimated Total Home Owners
    3,839 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    33,937 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $226,000 Median Sales Price
    55 Homes Sold
    42 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        2/7/2020 12:00:00 AM Sold Source New Value: $915,000

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        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2/28/2020 7:00:53 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.