3025 N 38th Street, Phoenix, AZ 85018 - MLS #6614751

images$3,750,000 images******** Beds

images******** Bath images1971

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Property Features
Project Type: 13 - 24 Units
Construction: Block
Const - Finish: Stucco
Roofing: Composition
Floors: Concrete
Sale Includes: Land & Building
Community Features: Pool; Barbecue
Exterior Amenities: Green Landscaping; Fenced
Appliances Included: Built-In Range; Dishwasher; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water Source: Master Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Contract Info
Current Price: $3,750,000
Sold Price: $3,750,000
Status: Closed
List Date: 2023-10-05
Ownership: Fee Simple
Location Tax Legal
House Number: 3025
Compass: N
Street Name: 38th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
County Code: Maricopa
Assessor Number: 127-21-017
Tax Year: 2023
General Property Description
Lot Size Dimensions: 40,408 sq ft.
Year Built: 1971
Uncvrd Parking Spcs: 12
Total # of Units: 15
# of Buildings: 7
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Geo Lat: 33.483176
Geo Lon: -111.999251
Status Change Info
Off Market Date: 2024-09-05
Under Contract Date: 2024-07-11
Close of Escrow Date: 2024-08-19
Sold Price: $3,750,000
Legal Info
Lot Number: 88
Income Expenses
Gross Annual Sch Inc: 286548
Net Operating Income: 218528
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1400
Avg SqFt: 700
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 14
Avg Rent: 1600
Avg SqFt: 880
# Baths: 14
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $