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SFR & Studio on 55th ave 3115 N 55th Ave

2 Unit Block of Flats £295,796 (£147,898/Unit) Phoenix, AZ 85031

Executive Summary

This house features three bedrooms and two bathrooms, along with a separate studio that can serve as a rental space or accommodate a family member. Situated directly across from Marivue Park, you have the convenience of walking out your front door and immediately accessing facilities for volleyball, basketball, swimming, or simply enjoying a stroll with your dog—all right at your doorstep. The home's exterior has been recently refreshed with a new coat of paint, and its location offers quick access to the freeway, ensuring easy commutes.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £27,457 £15.36
Other Income - -
Vacancy Loss £1,373 £0.77
Effective Gross Income £26,084 £14.60
Taxes £1,580 £0.88
Operating Expenses £552 £0.31
Total Expenses £2,133 £1.19
Net Operating Income £23,952 £13.40

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £27,457
Annual Per SF £15.36
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual £1,373
Annual Per SF £0.77
Effective Gross Income
Annual £26,084
Annual Per SF £14.60
Taxes
Annual £1,580
Annual Per SF £0.88
Operating Expenses
Annual £552
Annual Per SF £0.31
Total Expenses
Annual £2,133
Annual Per SF £1.19
Net Operating Income
Annual £23,952
Annual Per SF £13.40

Property Facts

Price £295,796
Price Per Unit £147,898
Sale Type Investment
No. Units 2
Property Type Residential
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.17 AC
Building Size 1,787 SF
Average Occupancy 0%
Number of Floors 1
Year Built 1959

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+2 1 - 1,457
Studios 1 - 330

zoning

Zoning Code R-6 (Residential)
R-6 (Residential)
  • Listing ID: 33171006

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 3115 N 55th Ave, Phoenix, AZ 85031

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