Movoto Real Estate
Sold on 06/14/2016

1249 E Ocotillo Rd, Phoenix, AZ 85014

  • $274,224

    Last sold 06/14/2016 after 34 Days

  • 5

    bed

  • 3

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 1249 E Ocotillo Rd

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Property description
Wow seller is motivated bring your offer's now!!!! This is a great value add building in such an amazing location!!!! All block construction all have central a/c. Long term tenants. One vacant 2 bedroom unit where tenant just moved out had been there 20 plus years. The one bedroom unit is on a month to month lease at $600.00 and the other 2 bedroom 1 bath unit rented for $675.00 for over 13 years. Rent's way below market could be raised to 750 in current condition. Nice size carport and courtyard. All facts and figures are approximate buyer verify info.
Listed by
Listing Agent - Sophia J. Baron
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#5441406 • last updated 8 years ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Window/Wall Unit
Heating Electric
MLS # 5441406
Type Multiple Dwellings
Status Closed
Property Tax 1908
Year Built 1958
Interior
Flooring Ceramic Tile, Concrete
Appliances Refrigerator
Exterior
Roof Composition, Tile
Construction Painted, Block
Parking 1 Space/Unit
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Madison Elementary District
High School District Phoenix Union High School District
APN 161-07-082
Zoning MultiUnit
Multifamily Details
Total # of Units 3
Financial Data Source Projected Proforma
Expense: Maintenance 1500
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 16602
Gross Income 24510
Expense: Other 1908
Expense: Trash 1000
Expense: Water/Sewer 1300
Gross Scheduled Income 25800
Expense: Gardener 1000
We are not permitted to show value estimates for this property.
  • Jun 2016
    mls logo MLS # 5441406
  • Jun 14, 2016 Sold
    $274,224 (-5.4%)
  • May 11, 2016 Listed
    $290,000
  • 1249 E Ocotillo Rd
    $274K
  • Camelback East
    $762K
  • 85014
    $460K -17% y/y
  • Phoenix
    $474K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 1249 E Ocotillo Rd
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