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Sold on 03/07/2013

312 E Hatcher Rd, Phoenix, AZ 85020

  • $1,615,000

    Last sold 03/07/2013 for $550K

  • 16

    bed

  • 16

    bath

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

About 312 E Hatcher Rd

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Movoto estimate
Property description
Lender/Seller Carry Opportunity!!! Seller is offering 3% interest rate with 20% down, 30 year AM-balloon due in 3! This is a great opportunity to reposition this asset and take advantage of its location across the street from the Hospital. All one bed units are perfect for the Medical Professional working at the hospital!!! Buyer to veriy all items prior to close of escrow.
Listed by
Listing Agent - Lloyd W Kaipainen
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#4874830 • last updated 1 year ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Electric
MLS # 4874830
Type Multiple Dwellings
Status Closed
Property Tax 2716
Year Built 1980
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Brick Veneer, Block
Parking Paved, 1 Space/Unit
# of Open Parking Spaces 16
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Tengen Place Add Blk D-H
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 159-45-091
Zoning Multi
Directions North To Hatcher, West To Property On North Side Of Road - Across The Street From John C Lincoln Hospital!!!
Multifamily Details
Total # of Units 16
Financial Data Source Other (See Remarks)
Expense: Maintenance 1000
Vacancy Allowance 0.1
Expense: Insurance 2814
Net Operating Income 48378
Gross Income 75600
Expense: Electric 580
Expense: Other 1200
Expense: Trash 2807
Expense: Professional Management 4536
Expense: Water/Sewer 2662
Gross Scheduled Income 84000
Expense: Gardener 4236
$1.61M
Range: $1.11M-$2.11M
Last 30 days 
  • Mar 2013
    mls logo MLS # 4874830
  • Mar 7, 2013 Sold
    $550,000
  • Jan 1, 2013 Listed
    $625,000 (-26.5%)
  • Mar 2013
    Public Records
  • Mar 7, 2013 Sold
    $550,000 (-12.0%)
  • Sep 2008
    Public Records
  • Sep 29, 2008 Sold
    $850,000 (+4.9%)
  • Oct 2004
    Public Records
  • Oct 15, 2004 Sold
    $810,000 (+42.6%)
  • Dec 2003
    Public Records
  • Dec 4, 2003 Sold
    $568,000
  • 312 E Hatcher Rd
    $550K
  • North Mountain
    $389K -6% y/y
  • 85020
    $399K -9% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85020
  • North Mountain
  • 312 E Hatcher Rd
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