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302 W CULVER Street, Phoenix, AZ 85003

$2,700,000
Property Type: Multiple Dwellings Status: Active
Current Price: $2,700,000 List Date: 1/07/2022 Last Modified: 1/11/2022

Description

Awesome, high end, new build, 4plex for Sale. Amazing views to downtown, and across from newly renovated park and dog parks. High end Finishes, Vaulted Ceilings in upper units, rare very high end rental units found in this area. Must see to appreciate the property and build. Value will only continue to rise. Super close to Banner Hospital and all amenities downtown.

More Information MLS# 6329930

Contract Info

Current Price: $2,700,000 List Price: $2,700,000 Status: Active List Date: 2021-12-08 Ownership: Fee Simple

Location, Tax & Legal

Map Code/Grid: P34 House Number: 302 Compass: W Street Name: CULVER St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85003 Country: USA County Code: Maricopa Legal Description (Abbrev): LOT 3 BRUCKAL CULVER DUPLEX MCR 129927 Subdivision: BRUCKAL CULVER DUPLEX Assessor's Map #: 31 Assessor's Parcel #: 140 Assessor Parcel Ltr: A Add'l Parcels: No Assessor Number: 111-31-140-A Legal: LOT 3 BRUCKAL CULVER DUPLEX MCR 129927 Census Tract: 113000 Tax Municipality: Phoenix Taxes: 4059 Tax Year: 2021 Marketing Name: 302 W Culver

General Property Description

Lot Size Dimensions: 9257 Year Built: 2022 Uncvrd Parking Spcs: 2 Total # of Units: 4 # of Buildings: 1 Zoning: DTC-ROOS Flood Zone: No Elementary School: Kenilworth Elementary School Jr. High School: Kenilworth Elementary School Elem School Dist #: 001 - Phoenix Elementary District High School Dist #: 210 - Phoenix Union High School District

Remarks & Misc

Cross Street: Culver and 3rd Ave Directions: From Downtown take 3rd Ave across the I10 to 1st Street which is Culver. Property is located on the NW corner of Culver and 3rd Ave. Geo Lat: 33.463018 Geo Lon: -112.078437

Status Change Info

Status Change Date: 2022-01-07

Legal Info

Township: 1N Range: 3E Section: 5 Lot Number: 3

Income & Expenses

Owner Association: No Operating Exp: 4059 Gross Annual Sch Inc: 151000 Adjusted Gross Inc: 151000 Net Operating Income: 151000

Pmt & Rate Info

Cap Rate: 5.59 1st Payment Freq: Monthly Equity: 2700000

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 3146 Avg SqFt: 1100 # Baths: 2

Property Features

Project Type: Four Plex Construction: Frame - Wood Const - Finish: Painted; Stucco Roofing: Tile Floors: Ceramic Tile Sale Includes: Land & Building Community Amenities: No Pool; Barbecue Exterior Amenities: Landscape Wtr System; Desert Landscaping Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Heat Pump Cooling: Ceiling Fan(s) Water: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking: Carport; Street Parking; Assigned Roads/Streets: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Electric; Trash; Cable TV Source of Fincl Data: Provided by Owner Existing 1st Loan: Treat as Free&Clear New Financing: Conventional; 1031 Exchange Reports/Disclosures: Seller Prop Disc Stm Environmental: None
Listing Office: Caliber Realty Group, LLC
Last Updated: January - 11 - 2022
302 W CULVER Street, Phoenix, AZ 85003- MLS# 6329930
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