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Buy a multi-family propertyat 8361 W Madison Street, Peoria, AZ 85345

$744,989

$744,990

$0/mo

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Multifamily

357 Days on market

6555124 MLS ID

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About 8361 W Madison Street multi-family property

Historic Old Town Peoria location! All three units have been completely updated. The only thing remaining on this historic home is the charm. Live in one of them and rent the other 2 to pay your mortgage. Quite area you wont be disappointed. All units have new flooring, windows kitchens, bathrooms. Newer roof on unit C, newer mini-splits in unit B & C. Community storage and all three have their own laundry area., washer and dryer included. Viewing to be scheduled upon an accepted contract. Property is tenant occupied. Please do not disturb tenants.
Historic Old Town Peoria location! All three units have been completely updated. The only thing remaining on this historic home is the charm. Live in one of them and rent the other 2 to pay your mortgage. Quite area you wont be disappointed. All units have new flooring, windows kitchens, bathrooms. Newer roof on unit C, newer mini-splits in unit B & C. Community storage and all three have their own laundry area., washer and dryer included. Viewing to be scheduled upon an accepted contract. Property is tenant occupied. Please do not disturb tenants.

Property details

Listing

Source: Arizona Regional MLS

Bedrooms

1 one bedroom unit

One bedroom units: average rent: $1,175

1 two bedroom unit

Two bedroom units: average rent: $1,495

1 three bedroom unit

Three bedroom units: average rent: $1,450

Location

City/Town: Peoria

County: Maricopa

Subdivision: Peoria Blks 18, 20-23, 29-32

House

Built in 1948

3 buildings

Marketing name: 8361 Madison Llc

3 units

Painted

Stucco

Frame - Wood

Tri-Plex

Floors

Ceramic Tile

Roof

Comp Shingle

Property

Property type: F

Zoning: CRM

Expenses

Operating expense: $631

Income

Adjusted gross income: 46968.00

Net operating income: 49440.00

Lot

Size: 141.90x52.96

Lot number: 8

Amenities

No Pool

Appliances and Equipment

F/S Oven/Range

Refrigerator

Washer/Dryer

Parking

6 parking spaces

4 uncovered parking spaces

2 covered parking spaces

Carport

Street Parking

Cooling

Central A/C

Individual

Heating

Electric

Water

City Franchise

Utilities

APS

SW Gas

Sewer - Public

Home Owner's Association

Homeowners' association: No

Taxes

Taxes: 631.00

Year: 2022

Municipality: Peoria

Miscellaneous

None

Electric

Gas

Sewer

Trash

Water

Monthly cost

Estimated monthly cost

$4,685/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$700,290

+$22,350

$722,639

Seller agent commission$22,350 (3%)*

$0 (0%)

Buyer agent commission$22,350 (3%)*

$22,350 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $22,350 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:31 p.m.

Data updated: Jul 25, 2023 at 9:02 a.m.

Courtesy of Gile Commercial Real Estate
This content last updated on 07/25/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listing Information © 2024 Arizona Regional Multiple Listing Service, Inc.

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