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Sold on 06/01/2011

2126 E Harvard St, Phoenix, AZ 85006

  • $79,000

    Last sold 06/01/2011 after 272 Days

  • 3

    bed

  • 2

    bath

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

About 2126 E Harvard St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Rental estimate
Property description
JUST REDUCED! Central Phoenix property with a single family home in front, duplex in the back. Great opportunity for investor or owner wishing to have renters help pay mortgage! Main house is 2BD/1BA, duplex includes a 2BD/1BA & a 1BD/1BA. All units are individually metered for gas & electric. Tenants pay all utilities in exchange for a lower than market rent. Landlord pays only for taxes, insurance and management. This property will bring in total rents of $16,200, less 10% vacancy, so $14,580 per year. Then after total expenses of $6,450, the amount the investor would pocket is $8,130 per year, based on pro forma. This is a 9.56% return on investment based on a cash purchase.
Listed by
Listing Agent - Linda S Gerchick
Listing Office - US Investment Realty LLC
Source: ARMLS mls logo
MLS#4459004 • last updated 4 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Other, See Remarks
Heating Other, See Remarks
MLS # 4459004
Type Multiple Dwellings
Status Closed
Property Tax 1182
Year Built 1940
Interior
Flooring Carpet, Ceramic Tile, Wood
Appliances Other
Exterior
Roof Concrete
Construction Painted, Block, Brick
Parking Free, >1 Space Per Unit, Carport
# of Open Parking Spaces 3
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Avalon BLKS 1-4
Community Features Play Area, No Pool
Elementary School Creighton Elementary School
Elementary School District Creighton Elementary District
Middle School Creighton Elementary School
High School District Phoenix Union High School District
High School Phoenix Union Bioscience High School
APN 117-07-006
Zoning R-6
Directions South On 24th St, West On Harvard.
Multifamily Details
Total # of Units 3
Expense: Operating 6450
Financial Data Source Projected Proforma
Expense: Maintenance 1000
Vacancy Allowance 0.1
Expense: Insurance 960
Net Operating Income 8130
Gross Income 14580
Expense: Trash 1850
Expense: Professional Management 1458
Gross Scheduled Income 16200
We are not permitted to show value estimates for this property.
  • Apr 2012
    mls logo MLS # 1882733
  • Apr 28, 2012 Sold
    —
  • Apr 2012
    mls logo MLS # 1829198
  • Apr 28, 2012 Sold
    —
  • Apr 2012
    mls logo MLS # 1916492
  • Apr 22, 2012 Cancelled
    —
  • Jun 2011
    mls logo MLS # 4459004
  • Jun 1, 2011 Sold
    $79,000 (-7.1%)
  • Sep 2, 2010 Listed
    $85,000
  • 2126 E Harvard St
    $79K
  • Encanto
    $539K
  • 85006
    $489K -2% y/y
  • Phoenix
    $474K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
William T Machan Elementary School
public Grades PK, K-8
Creighton Elementary District
2/10
Camelback High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 2126 E Harvard St
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