Movoto Real Estate
Sold on 01/13/2022

2725 E Beck Ln, Phoenix, AZ 85032

  • $625,000

    Last sold 01/13/2022 after 178 Days

  • 8

    bed

  • 4

    bath

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

About 2725 E Beck Ln

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Property description
New Roof Feb 2021! Newer A/C units; Dual Pane Windows; Kitchens & Bathrooms remodeled in 2010. Full Sized Washer/Dryer in Indoor Laundry in each unit! Copper Plumbing; Romex Wiring. Large 2/1 units with ~915sf each Private Patios with Block Fencing No HOA; Seasoned Tenants paying below market rents. Median rents in area are $1157/mo! (Rentometer) .All tenants have been there between 4 - 12 years very close to Lookout Mountain. Pro-Forma P&L: Rents $1150 * 4 units * 12 months = $55,200/yr; insurance ($1384); Taxes ($1388): Water, Sewer, Trash ($4560); Maintenance ($2000) esti; House Lights ($540); Net Cash Flow = $45,328. Here is the info I have. The below Pro-Forma shows rents once raised to market values. The expenses are those per previous owner. Current rents are $650/mo and 3 of the 4 tenants are MTM. We haven't raised rates, since we just recently purchased it (off-market) and wanted to let the next Owner raise them and use their preferred lease template/terms. Recent Improvements: Prior owner replaced roof in January 2021. The A/C units were replaced on these months/years: Unit 1 6/16 Unit 2 8/20 Unit 3 4/18 Unit 4 6/17. Copper plumbing per prior owner. August 2021  we just completed new paint on the exterior fascia/trim and staircases. Scraped/sanded, caulked, primed, and painted.
Listed by
Listing Agent - Gregory P Johnson
Listing Office - United Southwest Realty
Source: ARMLS mls logo
MLS#6266686 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Heat Pump, Individual
Heating Individual, Heat Pump, Electric, Natural Gas
MLS # 6266686
Type Multiple Dwellings
Status Closed
Property Tax 1338
Year Built 1985
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, W/D Hookup
Exterior
Roof Tile, Foam
Construction Wood Frame, Painted, Stucco
Parking Add'l Parking Avail, 1 Space/Unit, On Street
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision GREENWAY TRAILS
Community Features No Pool
Elementary School Other
Elementary School District Paradise Valley Unified District
Middle School Other
High School District Paradise Valley Unified District
High School Other
APN 214-40-204
Zoning 4 PLEX
Directions Greenway Rd & Cave Creek Rd
Multifamily Details
Total # of Units 4
Expense: Operating 1338
Financial Data Source Owner
We are not permitted to show value estimates for this property.
  • Jan 2022
    mls logo MLS # 6266686
  • Jan 13, 2022 Sold
    $625,000
  • Dec 21, 2021 Pending
  • Jul 19, 2021 Listed
    $699,000 (+30.7%)
  • Jan 2022
    Public Records
  • Jan 6, 2022 Sold
    $625,000 (-10.6%)
  • Jun 2021
    Public Records
  • Jun 24, 2021 Sold
    $535,000 (+40.8%)
  • Dec 2005
    Public Records
  • Dec 27, 2005 Sold
    $379,900 (+38.1%)
  • Jun 2004
    Public Records
  • Jun 22, 2004 Sold
    $275,000 (+46.3%)
  • May 2002
    Public Records
  • May 1, 2002 Sold
    $188,000
  • 2725 E Beck Ln
    $625K
  • Paradise Valley Village
    $629K -3% y/y
  • 85032
    $459K +5% y/y
  • Phoenix
    $465K -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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