Movoto Real Estate
Sold on 02/29/2024

2025 N Richland St, Phoenix, AZ 85006

  • $775,000

    Last sold 02/29/2024 after 31 Days

  • 6

    bed

  • 3

    bath

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

About 2025 N Richland St

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Property description
Nestled within the enchanting ambiance of Coronado's historic district, this well-maintained triplex presents a unique opportunity for comfortable urban living. It's crafted with classic block construction boasting a well-thought-out layout encompassing 2 beds, 1 bath. Each residence features private patio space and covered parking. Enjoy the convenience of on-site laundry. Recent upgrades include Roof, HVAC units, and Flooring. The property's prime location in the historic district of Coronado, close to downtown amenities, enhances its potential for attracting tenants. The demand for housing in well-established and well-connected neighborhoods can lead to consistent occupancy and potentially higher rental rate.
Listed by
Listing Agent - Joseph C Hallatt
Listing Office - Cambridge Properties
Source: ARMLS mls logo
MLS#6656821 • last updated 11 months ago
Movoto checked ARMLS for data 52 minutes ago
Overview
Cooling/AC Heat Pump, Individual
Heating Individual, Heat Pump
MLS # 6656821
Type Multiple Dwellings
Status Closed
Property Tax 2766
Year Built 1981
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Block
Parking 1 Space/Unit, Carport
# of Covered Spaces 3
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision LOS OLIVOS HEIGHTS
Community Features No Pool
Elementary School Ralph Waldo Emerson Elementary School
Elementary School District Phoenix Elementary District
Middle School Ralph Waldo Emerson Elementary School
High School District Phoenix Union High School District
High School North High School
APN 117-31-157
Zoning R-3 MFR
Directions North From McDowell On 7th St., East (Right) On Palm Lane, North (Left) On Richland St. To The Triplex On The Eastside Of Richland (Right)
Multifamily Details
Total # of Units 3
Expense: Operating 6611
Financial Data Source Owner, Projected Proforma
Expense: Insurance 1596
Net Operating Income 48087
Gross Income 54600
Expense: Electric 584
Expense: Trash 322
Expense: Water/Sewer 1343
Gross Scheduled Income 54000

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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85006
  • Coronado
  • 2025 N Richland St
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Phoenix, AZ

  • Feb 2024
    mls logo MLS # 6656821
  • Feb 29, 2024 Sold
    $775,000 (-2.5%)
  • Feb 1, 2024 Pending
  • Jan 29, 2024 Listed
    $795,000 (-3.6%)
  • Nov 2023
    mls logo MLS # 6600000
  • Nov 29, 2023 Price Change
    $825,000 (-2.9%)
  • Sep 1, 2023 Listed
    $850,000
  • 2025 N Richland St
    $775K
  • Coronado
    $500K -8% y/y
  • 85006
    $485K -2% y/y
  • Phoenix
    $475K -2% y/y
No chart available
Statistics calculated by Movoto
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Source: GreatSchools.org © 2026. All rights reserved.
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