Movoto Real Estate
Sold on 07/16/2020
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1701 W Vogel Ave, Phoenix, AZ 85021

$615,000

Last sold 07/16/2020 after 136 Days

  • 8

    bed

  • 8

    bath

Multi-family not for sale

About 1701 W Vogel Ave

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Property description
Value-add opportunity with below market rents. 100% rent collection & occupancy during COVID-19! All units have HVAC units/ind. metered electric. Solid North Phoenix rental market. All 1 bedroom/1 bathroom units that are 525 SF with walk-in closets. Current rents are $500/unit +/- per owner. Ability to raise rents immediately. Though some recent upgrades have been completed, this complex will need more upgrading to capture market rents. Competitively priced under $85K/unit, this consists of two 4 unit buildings on a jumbo sized corner lot. No showings until escrow, please do not disturb the tenants. Buyer to complete and rely on own due diligence. OM available upon request. *OFFERS CONSIDERED
Listed by
Listing Agent - James C Stephens
Listing Office - Platinum Living Realty
Source: ARMLS mls logo
MLS#6045549 • last updated 3 years ago
Movoto checked ARMLS for data 23 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Electric
MLS # 6045549
Type Multiple Dwellings
Status Closed
Property Tax 1071
Year Built 1964
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Other
Exterior
Roof Composition, Rolled/Hot Mop
Construction Painted, Block
Parking Paved, 1 Space/Unit, On Street, Carport
# of Open Parking Spaces 2
# of Covered Spaces 8
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision IDLE EASE
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 158-21-104-D
Zoning M-H
Directions Take Hatcher Road To 17th Ave, North On 17th Ave To Property On Corner Lot.
Multifamily Details
Total # of Units 8
Expense: Operating 1071
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.05
Gross Income 46740
Gross Scheduled Income 48000
We are not permitted to show value estimates for this property.
  • Oct 2020
    mls logo MLS # 6045549
  • Oct 15, 2020 Sold
    $615,000
  • Jul 2020
    Public Records
  • Jul 16, 2020 Sold
    $615,000 (+163.3%)
  • Jul 2006
    Public Records
  • Jul 21, 2006 Sold
    $233,600 (+19.8%)
  • Apr 2005
    Public Records
  • Apr 14, 2005 Sold
    $195,000 (+45.5%)
  • Dec 2003
    Public Records
  • Dec 29, 2003 Sold
    $134,000
  • Year Property taxes Tax assessment
  • 2024
    $1,164 +1.8%
    $69,750
  • 2023
    $1,142 +3.4%
    $69,750 +29.21%
  • 2022
    $1,105 -1.3%
    $53,980 +52.36%
  • 2021
    $1,119 +2.6%
    $35,430 +20.26%
  • 2020
    $1,091 +1.9%
    $29,460 +11.3%
  • 2019
    $1,071 +2.7%
    $26,470 +15.44%
  • 2018
    $1,043 +0.5%
    $22,930 +31.03%
  • 2017
    $1,038 +1.8%
    $17,500 +10.2%
  • 2016
    $1,019 +8.0%
    $15,880
  • 2015
    $944
    —
  • 1701 W Vogel Ave
    $615K
  • North Mountain
    $389K -3% y/y
  • 85021
    $465K -27% y/y
  • Phoenix
    $461K -1% y/y
No chart available
Statistics calculated by Movoto

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7/10
Source: GreatSchools.org © 2026. All rights reserved.

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