8816 North 6th Place

Phoenix, AZ 85020

$550,000
Price
3
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Look at the HIGH Rent Roll. FULLY occupied and Property Manager says it practically runs itself. Owner has spent over 100K on rehab! There are 6 units collecting rent with laundry room income in place. 85020 the prices are climbing and the area is a great rental market. All Tile floors, new large hot water heater. New Landscaping along with much more. See the listing of capital improvements. This property is master metered and the lender has a loan. This is non-conforming property. Insurable and...

Property Details for 8816 North 6th Place

Subdivision
TOWNLEY SQUARE

Location

Listing Courtesy of Gerchick Real Estate

Property Details for 8816 North 6th Place

StatusActive
MLS #6144930
Days on Market346
Taxes$613 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1948
Lot Size-
CountyMaricopa County

Listing Agent

Linda S Gerchick

Linda S Gerchick

Gerchick Real Estate

Linda@justsoldit.com

P: 602.688.9279

M: 602.688.9279

Contact Agent(s)

Location

Listing Courtesy of Gerchick Real Estate

Building Information for 8816 North 6th Place

Stories-Residences-Year Built1948Building Size-Lot Size-

Payment Calculator

$1,894 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,843

Property Taxes

$51

HOA Dues

$0

Property Information for 8816 North 6th Place

Summary
    Location and General Information
  • Cross Street: Dunlap and 7th Street
  • Census Tract: 105300
  • Directions: Go south on 7th Street to TownleyTurn West to 6th PlaceTurn South and property is on the west side
  • Map Code/Grid: M34
  • Roads/Streets: Asphalt, Curb(s) & Gutter(s)
    School Information
  • Elementary School Dist #: 006 - Washington Elementary District
  • High School Dist #: 205 - Glendale Union High School District
    Owner
  • Owner Pays: Electric, Landscaping, Sewer, Trash Collection, Water
  • Ownership: Fee Simple
    Parking
  • Covered Parking Spcs: 0
  • Parking: 1 Space/Unit, Free
  • Total Parking Spaces: 6
  • Uncovered Parking Spaces: 6
    Taxes and HOA Information
  • Tax Municipality: Phoenix
  • Tax Year: 2021
Property
    Lot Information
  • Lot Size Dimensions: irr
  • Environmental: None
  • Zoning: MFAM
    Property and Assessments
  • Assessor Number: 160-49-080-A
  • Assessor's Book #: 160
  • Assessor's Map #: 49
  • Assessor's Parcel #: 80
  • Assessor Parcel Ltr: A
  • Additional Parcels: No
  • Legal: TOWNLEY SQUARE MCR 30-18 LOT 53 EX W 6F
  • Legal Description (Abbrev): TOWNLEY SQUARE MCR 30-18 LOT 53 EX W 6F
  • Legal Info: Lot Number: 53
  • Legal Info: Range: 3E
  • Legal Info: Section: 32
  • Legal Info: Township: 3N
  • Project Type: 5 - 12 Units
  • Property Group ID: 19990816212116581394000000
    Utilities
  • Electric: APS, Master Meter
  • Gas: None
  • Sewer: Sewer - Public, Sewer-In & Connected
  • Water: City Franchise, Master Meter
Interior and Exterior Features
    Room Information
  • Efficiency Units: # of Efficiency Units: 3
  • Efficiency Units: Average SqFt: 0.0
  • Efficiency Units: # Baths: 1
  • Efficiency Units: Avg Rent: $.00
    Exterior Features
  • # of Buildings: 1
  • Const - Finish: Painted, Siding, Stucco
  • Construction: Block, Frame - Wood
  • Exterior Amenities: Cable TV Available, Desert Landscaping, Partially Fenced
  • Roofing: Comp Shingle, Rolled
    Interior Features
  • Floors: Ceramic Tile, Vinyl
  • Cooling: Ceiling Fan(s), Individual, Window/Wall Unit
  • Heating: Other
  • Interior Amenities: Fire/Smoke Alarm(s), Mini Blinds, Unfurnished
  • Appliances Included: F/S Oven/Range, Refrigerator
Multi Family
    1 Bedroom Unit Information
  • # of Units: 3
  • # of Bathrooms: 1
  • Average Rent: $.00
  • Average Sq. Ft: 0
    2 Bedroom Unit Information
  • # of Units: 0
  • # of Bathrooms: 0
  • Average Rent: $.00
  • Average Sq. Ft: 0
    3 Bedroom Unit Information
  • # of Units: 0
  • # of Bathrooms: 0
  • Average Rent: $.00
  • Average Sq. Ft: 0
    4 Bedroom Unit Information
  • # of Units: 0
  • # of Bathrooms: 0
  • Average Rent: $.00
  • Average Sq. Ft: 0
    Income & Expenses Information
  • Adjusted Gross Income: $56,131.96
  • Annual Electric Expense: $4,700.00
  • Annual Gas Expense: $.00
  • Annual Ins Expense: $2,200.00
  • Annual Land Lease Expense: $.00
  • Annual Landscape Expenses: $1,200.00
  • Annual Legal & Accounting: $.00
  • Annual Maintenence Expense: $1,500.00
  • Annual Management Expense: $5,614.00
  • Annual Other Expense: $.00
  • Annual Owner Association Fee: $.00
  • Annual PAD Fee: $.00
  • Annual Replacement Reserves: $.00
  • Annual Trash Expense: $526.00
  • Annual Water/Sewer Expense: $1,800.00
  • Gross Annual Sch Income: $57,468.00
  • Net Operating Income: $38,006.00
  • Operating Expense: $18,153.00
  • Other Income: $400.00
  • Owner Association: No
  • Vacancy Allowance: $.03
    Multi-Family Information
  • Community Amenities: No Pool
  • Source of Financial Data: Books Shwn Accpt Ofr, Provided by Owner
  • Total # of Units: 6
Agent
    Payment and Rate Information
  • Down Payment: $.00
  • Assessment Bal Yrs: 0
  • Assessment Balance: $.00
  • Cap Rate: 6.91%
  • Monthly Payments: $.00
  • Down Payment %: .00%
  • Equity: $550,000.00
  • Total Owed: $.00
Rental
    Rental Information
  • Tenant Pays: Cable TV

Property History for 8816 North 6th Place

DateEvent & SourcePriceAppreciation
Jul 10, 2021

Price Change

ARMLS #6144930

$550,000
Oct 10, 2020

Listed (Active)

ARMLS #6144930

$525,000
May 22, 2020

Withdrawn

ARMLS #5998227

$499,000
DateEvent & SourcePrice
07/10/2021

Price Change

ARMLS #6144930

$550,000
10/10/2020

Listed (Active)

ARMLS #6144930

$525,000
05/22/2020

Withdrawn

ARMLS #5998227

$499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8816 North 6th Place

Taxable ValueLand$1,920Additions$7,710Total$9,630
Tax Record2020$598 ($50 / month)
Home Facts
Total Finished SqFt970 SqFtAbove Grade Finished SqFt970 SqFtStories1Lot Size5,300 SqFtStyleDuplexYear Built1948Year Renovated1959ZoningM-HCountyMARICOPAAPN160-49-080A

Schools near 8816 North 6th Place


SchoolTypeGradesDistanceRating
Most Holy Trinity Catholic Elementary SchoolPrivatePK-80.1 mi
NR
Desert View Elementary SchoolPublicPK-50.2 mi
4
Sunnyslope High SchoolPublic9-120.5 mi
7
Franklin Phonetic Primary School-SunnyslopeCharterK-60.5 mi
NR

Most Holy Trinity Catholic Elementary School

PK-8, 0.1 mi, Private

NR

Desert View Elementary School

PK-5, 0.2 mi, Public

4

Sunnyslope High School

9-12, 0.5 mi, Public

7

Franklin Phonetic Primary School-Sunnyslope

K-6, 0.5 mi, Charter

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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8816 North 6th Place is a multi-family home for sale in Phoenix, AZ 85020. This property was listed for sale on October 10, 2020 by Gerchick Real Estate at $550,000. It has been on the market for a total of 346 days and was last sold on October 30, 2018. This listing's school districts are Glendale Union High School District (4285), Washington Elementary School District (4260). Nearby schools include Desert View Elementary School, Royal Palm Middle School and Sunnyslope High School. 8816 North 6th Place is a 3-bed, 6-bath, multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gerchick Real Estate

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MLSSAZ IDX Logo and ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2021 MLS of Southern Arizona and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.