4815 S 7TH Street $568,900

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    4815 S 7TH Street Phoenix, AZ 85040

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 5969989
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    Views: 28 Days On Market: 178

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    Property Details

    This is a charming and longstanding Mobile home community! This is a 12 space Mobile home park with an additional Single home. Making a total of 13 rentals. As it sits right now it is a real 8.5 CAP! Space number 7 is vacant with utilities on site ready for another Mobile home and tenant, which would effectively raise the income by 500-600/month conservatively.Right now there are 11 spaces rented with tenant owned homes. 5 at 450, 5 at 400 and 1 at 350/month plus the Single family home which has a very long term tenant at 550 which is low! The Single home has been remodeled, new cabinetry, plumbing, paint, etc! Owners have installed mailboxes for each unit also. All tenants are paying on time! To our knowledge the Majority of tenants have been in these spaces and homes for 5-15+ years.

    • General Features
      • Assessor Book # 113.00
      • Assessor Map # 47.00
      • Assessor Number 113-47-033
      • Assessor Parcel # 33.00
      • Community Amenities No Pool
      • Contingent Status No
      • County Maricopa
      • Covered Parking Spcs 0.00
      • Gas None
      • List Date 2019-08-23
      • Marketing Name Mobiles homes on 7th.
      • New Financing Conventional, Other (See Remarks), No Carry
      • Parking <1 Space Per Unit
      • Project Type Mobile Home Park
      • Roofing Error: ClassID in tblMLSFieldPropertyType is null.
      • Subdivision ROOSEVELT SQUARE
      • Tax Municipality Phoenix
      • Tax Year 2018
      • Taxes $1,843
      • Total Units 12.00
      • Type ER
      • Uncvrd Parking Spcs 15.00
      • Year Built 1959
      • Zoning [M-H]
    • Building Features
      • Construction Block
      • Appliances Included Other (See Remarks)
      • Floors Other (See Remarks)
      • Cooling None
      • Heating None
      • Interior Amenities Other (See Remarks)
    • Room Features
      • # 1 Bedroom Units 0
      • 1 Bedroom Units: Avg Rent 0.00
      • 1 Bedroom Units: Avg SqFt 0
      • 1 Bedroom Units: # Baths 0
      • # 2 Bedroom Units 1
      • 2 Bedroom Units: # Baths 1
      • 2 Bedroom Units: Avg Rent 550.00
      • 2 Bedroom Units: Avg SqFt 840
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • # Single Wide Spaces 11
      • Efficiency Units: # Efficiency Units 11
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 409.00
      • Legal Info: Township 28
      • Tenant Pays Electric
      • Ownership Fee Simple
      • Owner Pays Water, Sewer, Trash, Landscaping
      • Income & Expenses: Net Operating Income 48661.85
      • Income & Expenses: Gross Annual Sch Inc 62400.00
      • Income & Expenses: Adjusted Gross Inc 62400.00
      • Legal Info: Range 3E
      • Legal Info: Lot Number 6
      • Total Parking Space 15.00
      • Total Number Spaces 11
      • Number of Buildings 1
      • Electric City Electric
      • Exterior Amenities Landscape Wtr System, Security Light(s)
      • Lot Size Dimensions 0.532 acres / 23,184 sqft
      • Sewer Sewer - Public
      • Water City Franchise
    • Schools
      • School District 210 - Phoenix Union High School District

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    Neighborhood

    85040 (Phoenix) Demographics

    28 Median Age
    3,187 Population Density (per sq. mile)
    18% College Educated
    $32,133 Estimated Median Income
    4,005 Estimated Total Home Owners
    5,525 Estimated Total Renters
    42% / 58% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    32,420 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $215,000 Median Sales Price
    31 Homes Sold
    21 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $568,900 -5.03%
        11/7/2019 7:39:22 PM Status Changed Source New Value: Active
        10/15/2019 10:39:06 PM Status Changed Source New Value: UCB (Under Contract-Backups)
        8/26/2019 10:54:00 AM New in Database Source New Value: $599,000

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        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2/20/2020 4:32:28 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.