2725 E Beck Ln., Phoenix, AZ 85032

2725 E Beck Ln., Phoenix, AZ 85032
Photo 1 of 1
$625,000
Sold on 1/06/22
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,338 1985
On the market: 171 days
View full details, photos, school info, and price history
New Roof Feb 2021! Newer A/C units; Dual Pane Windows; Kitchens & Bathrooms remodeled in 2010. Full Sized Washer/Dryer in Indoor Laundry in each unit! Copper Plumbing; Romex Wiring. Large 2/1 units with ~915sf each Private Patios with Block Fencing No HOA; Seasoned Tenants paying below market rents. Median rents in area are $1157/mo! (Rentometer) .All tenants have been there between 4 - 12 years very close to Lookout Mountain. Pro-Forma P&L: Rents $1150 * 4 units * 12 months = $55,200/yr; insurance ($1384); Taxes ($1388): Water, Sewer, Trash ($4560); Maintenance ($2000) esti; House Lights ($540); Net Cash Flow = $45,328. Here is the info I have. The below Pro-Forma shows rents once raised to market values. The expenses are those per previous owner. Current rents are $650/mo and 3 of the 4 tenants are MTM. We haven't raised rates, since we just recently purchased it (off-market) and wanted to let the next Owner raise them and use their preferred lease template/terms. Recent Improvements: Prior owner replaced roof in January 2021. The A/C units were replaced on these months/years: Unit 1 6/16 Unit 2 8/20 Unit 3 4/18 Unit 4 6/17. Copper plumbing per prior owner. August 2021  we just completed new paint on the exterior fascia/trim and staircases. Scraped/sanded, caulked, primed, and painted.
Listing courtesy of Gregory Johnson, JUST CALL JIM INC