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Real Living S.J. Fowler Real Estate
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480-649-3536
480-649-3536
sjfowler@
realliving.com
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Real Living S.J. Fowler Real Estate
480-649-3536

2419 W LAUREL Lane, Phoenix AZ, 85029

(Active)
$100,000
|
2 beds, 1 baths, 1,066 sqft
|
MLS# 4624681
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Listing Provided Courtesy Of: Gerchick Real Estate
Last Updated: 4/20/2014 11:33 AM
Description for 2419 W LAUREL Lane Phoenix, AZ 85029
Great Investment Opportunity. Fully renovated. Option for a 1031 Exchange. Property is close to freeway, parks, shopping, restaurants, and schools. Adorable and easy to manage single family residence. Fresh paint throughout. Updated cabinets with tile counter tops. Fenced pool. No HOA. Owner has never occupied premises, so no SPDS and no insurance claims loss history available. Property is leased for $892.50/month. This property is projected to generate total rents of $10,200 less 5% vacancy of $510 per year, equals $8,670 adjusted gross income. Then after projected expenses of $1,572 the net operating income is $7,098 per year based on pro forma. This is a 7.0% CAP Rate. Tenants Rights Prevail. Do Not Disturb. Seller may carry with 25% down, 3 years, 8% interest-only
Price
$100,000
Valley Vista 4B
Maricopa
2
1
1,066 (approx)
4624681
Active
Description
Great Investment Opportunity. Fully renovated. Option for a 1031 Exchange. Property is close to freeway, parks, shopping, restaurants, and schools. Adorable and easy to manage single family residence. Fresh paint throughout. Updated cabinets with tile counter tops. Fenced pool. No HOA. Owner has never occupied premises, so no SPDS and no insurance claims loss history available. Property is leased for $892.50/month. This property is projected to generate total rents of $10,200 less 5% vacancy of $510 per year, equals $8,670 adjusted gross income. Then after projected expenses of $1,572 the net operating income is $7,098 per year based on pro forma. This is a 7.0% CAP Rate. Tenants Rights Prevail. Do Not Disturb. Seller may carry with 25% down, 3 years, 8% interest-only
Listing Information
Property Type: Single Family-Detached
2 1
1,066 (approx) 1970 Block
3N/2E/
Valley Vista 4B
Unknown
City Water
Sewer-Public
APS
Neighborhood
School Information
Moon Valley Mountain Sky Thunderbird
Room Information
Breakfast Bar, Eat-in Kitchen
Interior Features
Dishwasher
Tile, Carpet
Refrigeration
Electric Heating, Other
Ceiling Fan(s)
Exterior / Lot Features
Patio
1 Carport Spaces
Painted, Siding
Covered Patio(s)
Composition Shingle
Private
Block Fencing, Fencing-Other
Covered Patio(s), North/South Exposure
Driving Directions
West on Cactus Rd. South on 23rd Avenue. West on Laurel Ln. House is on the south side.
Financial Considerations
Fee Simple
149-57-277
$740
2010
Listing Price History

Phoenix Real Estate

Phoenix is located in Arizona. Phoenix, Arizona 85029 has a population of  1,445,632.

The median household income in Phoenix, Arizona 85029 is $46,956. The median household income for the surrounding county is $52,224 compared to the national median of $50,935. The median age of people living in Phoenix 85029 is 32.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Gerchick Real Estate
ARMLS listing information is updated daily. Information deemed reliable but not guaranteed. Copyright 2011 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
Information is deemed reliable but is not guaranteed.

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439572 - Real Living S.J. Fowler Real Estate
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