1221 E. Hatcher Rd.

$255000 USD

Property Details

Property Type

Bedrooms

4

Bathrooms

2

Parking for

Area (sq.ft.)

2848

Property Gallery

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Additional Information

***PLEASE DO NOT DISTURB TENANTS***

TO MAKE AN OFFER, drop us an email at billy@bellrei.com.

CLOSE OF ESCROW: May 31st, 2019.

Selling Points:

  • 2 Beds, 1 bath each unit.
  • Tenants will be out June 30th, 2019. $5k Post-possession in place.
  • Great North Phoenix neighborhood with some higher values surrounding.
  • Courtyard between the units.
  • Shared laundry outside, but room in each of the units to put stacked units.
  • Property is well maintained, and pretty clean on the inside & structurally.
  • 2 of the Ac units are about 5-6 yrs old. 3rd unit is swamp cooler only.
  • Roof is 15yrs old, in good condition, but the flat roof section may need a new layer soon.

How to Maximize ARV:

  • AC on 3rd Unit.
  • General freshening up inside and out.

COMPS

  1. 9607 N. 16th St. – $350k Triplex. 2/1 units. Seems to be in Average Condition.
  2. 9835 N. 16th St. – $275k Duplex. 2/1 & 1/1 units. Decent Condition.
  3. 1226 E Purdue Ave. – $232k –  Duplex. 2/1 & 3/1 units. Good Condition.
  4. 9107 N 13TH ST – Active @ $359k – Triplex, 2/1 units. Exterior remodeled, clean, but dated.
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