311 N LAUREL Avenue Phoenix, AZ ^$ 845,000

311 N LAUREL Avenue

^$ 845,000

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311 N LAUREL Avenue

Phoenix, AZ, 85007

^$ 845,000

Studio Baths0.0

Monthly Estimate*

^$ 5,616

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $845,000. This home was built in 1937.

Reduced $54,000. Priced to sell at $169K/Door. Remodeled 2 years ago, including the electrical, plumbing, roof and windows, tankless water heaters, all stainless-steel appliances, Units 2, 3 and 4 have washer and dryer hookups. Unit 3 has a washer/dryer hookup only. Energy efficient property. Tax assessor's measurement of square footage is a total of 3,180 (1,640 front building and 1,540 back building) this will be updated in their records in 2024. See in documents tab. Freshly painted and cleaned, ready for your future Tenants. Units 2, 3, and 4 occupied and leased out for $1,350/month each. Seller financing is NOT available.

Multi-Family Pending

Price

^$ 845,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,467

Style

Multiple Dwellings

Year Built

1937

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6626888

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central A/C Individual Electric Ceiling Fan(s)

Roof Composition

Zoning R-5 M-H

Construction Materials Painted Stucco Frame - Wood

Year Built 1937

Electric APS

Tenant Pays Electricity

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 0.0

Community Features No Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 1467.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name CAPITOLA PLACE

Garage Y/N N

Status Pending

Directions North on Laurel Avenue 2nd Building on Right.

City Phoenix

Buyer Agent Compensation 2.50

Disclosures None

View Y/N N

High School District Phoenix Union High School District

Open Parking Spaces 4.0

NumberOfUnitsTotal 5

Lot Size Square Feet 0.0

Carport Y/N N

Street Name LAUREL

Elementary School Capitol Elementary School

Tax Annual Amount 1467.0

Middle/Junior High School Phoenix Prep Academy

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 205

Standard Status Pending

Elementary School District Phoenix Elementary District

Tax Lot 19

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Ownership Fee Simple

Senior Community N

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Paved Parking Street Parking

Water Source City Franchise

Total Parking 4.0

Lot Size Area 0.0

Number of Buildings 2

Spa N

Lot Dimensions 6 738 sq.ft.

Lot Size Acres 0.0

Road Surface Type Concrete Sidewalk(s)

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 311

* Excluded Features

List By

Delex Realty

Broker

lross29@cox.net

Affordability Calculator

$5,738

Per Month

Monthly Principal & Interest: $5,616
Monthly Property Taxes: $122
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,323,324

Percent of Sale Price 57%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327863 Elementary School

4327687 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2024	$845,000	-6.01%	Price Down
2/18/2024	$899,000	-2.81%	Price Down
2/14/2024	$925,000	-2.63%	Price Down
12/28/2023	$950,000	-3.06%	Price Down
11/20/2023	$980,000	-11.87%	Price Down
11/6/2023	$1,112,000		Listed Price

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311 N LAUREL Avenue, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $845,000. 311 N LAUREL Avenue is a studio with 0.0 baths and was built in 1937. The property's zip code is 85007 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is 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.

Data is updated as of 6/6/2024.

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311 N LAUREL Avenue

Multi-Family Home for sale in Phoenix, AZ

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