Life Real Estate


$860,000
8280 W MADISON Street
Peoria, AZ 85345
MLS# 6195484
Status: UCB (Under Contract-Backups)



8280 W MADISON Street, Peoria, AZ 85345
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8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345 8280 W MADISON Street, Peoria, AZ 85345

Property Description
Location Location Location, Down town Peoria! Close to everything, Easy access grand ave/ 101. Great investment complex with LONG term renters! 4 building (2 built 1935, 2 built 1961) Total of 9 units, one building with 2 car garage & storage.

Details
Maps
Contract Info
Current Price: $860,000
List Price: $860,000
Status: UCB (Under Contract-Backups)
List Date: 2021-02-17
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: M31
House Number: 8280
Compass: W
Street Name: MADISON
St Suffix: Street
City/Town Code: Peoria
State/Province: AZ
Zip Code: 85345
Zip4: 6552
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 15 BLOCK 29 PEORIA BLKS 15-16, 24-28, & 33, 34 MCR 000362
Subdivision: PEORIA BLKS 15-16, 24-28, & 33, 34
Assessor's Map #: 14
Assessor's Parcel #: 56
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 142-14-056-A
Legal: LOT 15 BLOCK 29 PEORIA BLKS 15-16, 24-28, & 33, 34 MCR 000362
Census Tract: 71911
Tax Municipality: Maricopa - COUNTY
Taxes: 2522
Tax Year: 2020
Marketing Name: Peoria Townsite
General Property Description
Apx Lot Size Range: 14000
Year Built: 1935
Uncvrd Parking Spcs: 12
Total # of Units: 9
# of Buildings: 4
Zoning: 04-02 Rental Re
Flood Zone: No
Elementary School: Alta Loma School
Jr. High School: Alta Loma School
High School: Peoria High School
Elem School Dist #: 011 - Peoria Unified District
High School Dist #: 011 - Peoria Unified District
Remarks & Misc
Cross Street: 83rd ave & Peoria
Directions: South to Madison, East to the complex.
Geo Lat: 33.578674
Geo Lon: -112.237143
Status Change Info
Status Change Date: 2021-03-11
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Township: 3N
Range: 1E
Section: 26
Block: 29
Lot Number: 15
Income & Expenses
Annual Elec Exp: 672
Annual Gas Exp: 420
Annual Maint Exp: 1800
Annual Wtr/Swr Exp: 5376
Owner Association: No
Operating Exp: 10790
Gross Annual Sch Inc: 60180
Adjusted Gross Inc: 60180
Totl Mnth Rntal Inc: 5015
Net Operating Income: 51912
Pmt & Rate Info
Cap Rate: 6.04
Equity: 860000
Showing Instructions
To Schedule Showing: Contact Via Phone
Primary Showing Contact: Listing Agent
ARMLS Lockbox: No
Efficiency Units
# Efficiency Units: 1
Avg Rent: 300
Avg SqFt: 300
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 6
Avg Rent: 600
Avg SqFt: 450
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 600
Avg SqFt: 700
# Baths: 1
Contact Info
List Agent Home Phn: 623-910-3250
List Agent Cell Phn: 623-910-3250
Property Features
Project Type: 5 - 12 Units
Other Type: Other (See Remarks)
Construction: Block; Frame - Wood; Frame - Metal
Const - Finish: Painted
Roofing: Comp Shingle; Built-Up; Rolled
Floors: Other (See Remarks)
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Separate Storage
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: BI Oven/Range; F/S Oven/Range
Cooling: Electric Refrigeratd; Evaporative; Individual
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS
Gas: SW Gas; Individual Meter; Other (See Remarks)
Parking: Garage
Roads/Streets: Gravel; Dirt; Asphalt; Alley
Owner Pays: Water; Gas; Trash Collection; Landscaping
Tenant Pays: Electric; Gas
Source of Fincl Data: Provided by Owner
Special: Owner/Agent
Existing 1st Loan: Conventional
New Financing: Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: West USA Realty

Last Updated: March - 11 - 2021

8280 W MADISON Street, Peoria, AZ 85345 - MLS# 6195484

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Friday 16th of April 2021 01:43 PM

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