4422 N 14TH Street 1-10, Phoenix, AZ 85014 (MLS# 6593843)

4422 N 14TH Street 1-10, Phoenix, AZ 85014

$4,800,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $4,800,000 Last Modified: 2/03/2024

Overview

Description

Upgraded Newer construction townhomes in a convenient Central Phoenix location! High end finishes throughout this wonderful open floorplan !Large kitchen with quartz countertops, stainless steel appliances and lots of cabinets! Large sliding door leads to the backyard patio area! Huge primary bedroom with sitting area and balcony. Gorgeous primary bath with large shower & quartz counters counters. The additional bedrooms are good sized and feature a large hall bath . Upgraded wood tile throughout plus an extra half bath! Nice size two car garage! Units are separately parceled which is great for favorable financing.

Listing Details MLS# 6593843

Location, Tax & Legal

House Number: 4422
Compass: N
Street Name: 14TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
County Code: Maricopa
Subdivision: 14TH STREET RESIDENCES
Assessor Number: 155-08-194
Tax Year: 2022
Unit #: 1-10
Assessor's Map #: 8
Legal Description (Abbrev): LOT 9 14TH STREET RESIDENCES MCR 151930
Assessor's Parcel #: 194
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 108602
Taxes: 33000
Legal: Lots 1-10 14TH STREET RESIDENCES
Marketing Name: 14th street Residences

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: unknown
Year Built: 2021
Total # of Units: 10
# of Buildings: 4
Zoning: R-3
Flood Zone: No
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Camelview Elementary
Jr. High School: Madison Park School
High School: North High School
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: 16th and Campbell
Directions: 16th street south to Campbell Avenue, Turn right west into Campbell Avenue. Turn left south on to 14th street to property on right (west) side of the Street.

Status Change Info

Off Market Date: 2024-01-31
Under Contract Date: 2023-12-18
Close of Escrow Date: 2024-02-02

Legal Info

Township: 2N
Range: 3E
Section: 21
Lot Number: 9

More Information

Income Expenses

Gross Annual Sch Inc: 306000
Net Operating Income: 267508

3 Bedrooms Units

# 3 Bedroom Units: 10
Avg Rent: 2595
Avg SqFt: 1809
# Baths: 3

Sold Info

Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: %
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

5 - 12 Units: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Foam: Yes

Floors

Ceramic Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 500
Annual Ins Exp: 4848
Annual Landscape Exp: 4800
Annual Wtr/Swr Exp: 120
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Operating Exp: 43268
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 306000

Pmt & Rate Info

Cap Rate: 5.35
Equity: 4999900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Security Light(s): Yes

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

Individual Meter: Yes

Sewer

Sewer-In & Connected: Yes

Parking Features

Garage: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

Landscaping: Yes

New Financing

Conventional: Yes
1031 Exchange: Yes

Reports/Disclosures

Other (See Remarks): Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Security Light(s) Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water Source: Individual Meter Sewer: Sewer-In & Connected Electric: APS Gas: None Parking Features: Garage Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: None New Financing: Conventional; 1031 Exchange Environmental: None

Listing Office: Realty ONE Group

Last Updated: February - 03 - 2024

4422 N 14TH Street 1-10, Phoenix, AZ 85014 (MLS# 6593843)