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Sold on 06/04/2011
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820 E Carol Ave, Phoenix, AZ 85020

  • $65,000

    Last sold 06/04/2011 after 327 Days

  • 9

    bed

  • 5

    bath

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

About 820 E Carol Ave

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Property description
APPROVED AT $65k!!!75% OCCUPIED Great Unit Mix! 2-2 bedroom units in the duplex, a 2 bedroom home, all renting for $550 per month and rear house $810. The property needs 4 new HVAC units as the coolers have destroyed 2 of the roofs. ADDING $27k for REPAIRS on top of the price STILL LEAVES a 13.5% CAP RATE*** There is a storage room that used to be a 5th unit and could be again! Buyer to verify all items prior to close of escrow. This is a short sale and is subject to lender and seller final approval.***= Phoenix Multi-Family Mitigation Services (PMMS) they get short sales approved
Listed by
Listing Agent - Lloyd W Kaipainen
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#4426883 • last updated 9 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Evaporative Cooling, Individual
Heating Individual, Natural Gas
MLS # 4426883
Type Multiple Dwellings
Status Closed
Property Tax 2021
Year Built 1969
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Brick Veneer, Wood Frame, Painted, Stucco, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 159-37-083
Zoning Multi
Directions N To Carol, E To Property. It's Another APPROVED Short Sale By XXX - They Get Short Sales Approved - 2 HOMES & A DUPLEX ALL 2BEDROOM UNITS
Multifamily Details
Total # of Units 4
Expense: Operating 13583
Financial Data Source Projected Proforma
Expense: Maintenance 2000
Vacancy Allowance 0.1
Expense: Insurance 1200
Net Operating Income 12985
Gross Income 26568
Expense: Electric 2000
Expense: Fuel 594
Expense: Professional Management 2952
Expense: Water/Sewer 2316
Gross Scheduled Income 29520
Expense: Gardener 500
We are not permitted to show value estimates for this property.
  • Jun 2011
    mls logo MLS # 4426883
  • Jun 4, 2011 Sold
    $65,000
  • Jul 12, 2010 Listed
    $64,999
  • 820 E Carol Ave
    $65K
  • 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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