1527 W Fillmore Street, Phoenix, AZ 85007

$2,000,000
List Price
$2,000,000
Days on Market
12
Status
ACTIVE
MLS#
6492410
City
Phoenix
Lot Size
1
Subdivision
West Lawn Annex
Year Built
1999

Property Description

Seven at Fillmore is a seven unit apartment complex built in the early 1900s to late 1999. Has been updated been updated and remodeled in recent years. The property just had new electrical panels with permits and will be completed before close of escrow. Several of units are currently furnished and being used as short term rentals. Unit mix (2 )two bedroom (1 )bath units three one bedroom ( 1) bath units and (2) studios. On site laundry that is seller owned. With short term rentals proforma can be close to a 6% cap. Currently rent roll Unit #1 2500 short term furnished 2 bed #2 3200 furnished lease July 2023 1 bed #3 2500 furnished short term 1 bed #4 900 month to month studio # 5 2500 short term furnished 2 bed #6 1100 month to month '1 bed #7 750 month to month studio All facts and figures are approximate buyer verify MLS information Drive by only tenants are unaware of sale. Seller may entertain a carry back with 30-40% down 5% rate up to 5 years Seller holds an active real estate license in FL

Additional Information

School District
Phoenix Union High School District
Construction
Block
Cooling
Electric, Heat Pump, Window/Wall Unit
Electric
APS
Exterior Amenities
Green Landscaping, Landscape Wtr System, Partially Fenced, Patio/Balcony, Security Light(s)
Finish
Painted, Stucco
Floors
Wood
Gas
None
Guest House SqFt
9
Heating
Electric
Interior Amenities
Drapes, Fire/Smoke Alarm(s), Unfurnished
Lot Size
1
New Financing
1031 Exchange, Conventional, Seller May Carry
Parking
>1 Space Per Unit, Add'l Parking Avail, Free, Street Parking
Project Type
5 - 12 Units
Roofing
Comp Shingle
Sewer
Sewer - Public
Subdivision
West Lawn Annex
Taxes
$1,176
Tenant Pays
None
Units
7
Water
City Franchise
Zoning
M-H

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Grace CRE.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.