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Sold on 06/10/2017

715 E Mobile Ln, Phoenix, AZ 85040

  • $380,000

    Last sold 06/10/2017 after 122 Days

  • 14

    bed

  • 7

    bath

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

About 715 E Mobile Ln

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Property description
Welcome to your newest investment! Beautifully remodeled apartments, all full of renters! Everything in this complex is either brand new or nicely updated! **Supplemental Upgrade List in Additional Documents**. 6 our of the 7 units have long term leases in place. There are very low costs and expenses because of the updates done on the property. The work has been done here. Just make us an offer and see the cash flow in!
Listed by
Listing Agent - Zachary L. Blauvelt
Listing Office - Realty Executives
Source: ARMLS mls logo
MLS#5558495 • last updated 7 years ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
MLS # 5558495
Type Multiple Dwellings
Status Closed
Property Tax 1605
Year Built 1973
Interior
Flooring Carpet, Ceramic Tile
Appliances Built-In Range, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, Add'l Parking Avail, 1 Space/Unit
# of Open Parking Spaces 7
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision ROESER HOMES
Community Features Play Area, No Pool
Elementary School District Roosevelt Elementary District
High School District Phoenix Union High School District
APN 113-48-026
Zoning M-M
Directions From Broadway And 7th St, Go South On 7th To Mobile Ln, East To Property On The Right Side.
Multifamily Details
Total # of Units 7
Expense: Operating 13287
Financial Data Source Owner
Expense: Maintenance 5000
Vacancy Allowance 5000
Expense: Insurance 1282
Net Operating Income 36730
Gross Income 267006588
Expense: Water/Sewer 5400
Gross Scheduled Income 53412
We are not permitted to show value estimates for this property.
  • May 2021
    Public Records
  • May 7, 2021 Sold
    $440,000 (+56.9%)
  • Sep 2018
    Public Records
  • Sep 12, 2018 Sold
    $280,387 (-26.2%)
  • Jun 2017
    Public Records
  • Jun 14, 2017 Sold
    $380,000
  • Jun 2017
    mls logo MLS # 5558495
  • Jun 10, 2017 Sold
    $380,000 (-8.4%)
  • Feb 8, 2017 Listed
    $414,900 (+80.4%)
  • Feb 2010
    Public Records
  • Feb 12, 2010 Sold
    $230,000 (+8.0%)
  • Nov 2001
    Public Records
  • Nov 28, 2001 Sold
    $213,000
  • 715 E Mobile Ln
    $380K
  • South Mountain
    $429K -1% y/y
  • 85040
    $365K +1% y/y
  • Phoenix
    $468K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Irene Lopez School
public Grades PK, K-8
Roosevelt Elementary District
2/10
South Mountain 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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  • AZ
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  • 715 E Mobile Ln
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