1830 W Alta Vista Rd - 5 Bed 3 bath that the tenant's rent is $3,500
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1830 W Alta Vista Rd - 5 Bed 3 bath that the tenant's rent is $3,500
1 Unit Apartment Building Offered at $808,489 CAD at a 6.34% Cap Rate in Phoenix, AZ 85041
Investment Highlights
- 5 Bedroom 3 Bath Rented for $3,495.00 per month-remodeled 2024
- ELECTRICAL: New Wiring throughout Lighting/Ceiling lights; Ceiling Fans (new)
- FLOORING: Brand New (Bruce Hardwood flooring in Bedrooms) Porcelain Tile in Bathrooms
- New Roof: New Shingles / Roof Boards/
- New Plumbing (with PEX-A) throughout
- Bathrooms: New Vanity Sinks, New Shower heads, New Hollywood LED mirror New Medicine Cabinets, New Bidet,
Executive Summary
**Investment Opportunity: Tenant-Occupied Gem!**
5 Bedroom 3 bath that the tenant's rent is $3,500 and cap rate is 6.34%. The Lease ends on 6/30/2025
Welcome to your next lucrative real estate venture! Nestled in a sought-after neighborhood, this remarkable 5-bedroom, 3-bathroom house with a spacious backyard offers an irresistible investment opportunity. Here’s why you should seize the chance:
**Key Features:**
1. **Tenant Occupied:** Sit back and watch your investment grow effortlessly! This property is already generating substantial rental income, with tenants paying well above market rates. A stable income stream awaits you from day one.
2. **Prime Location:** Located in a desirable neighborhood, this property promises enduring value and high demand. Enjoy the convenience of proximity to schools, shopping centers, parks, and more, ensuring maximum tenant satisfaction and retention.
3. **Modern Upgrades:** Say hello to worry-free ownership! With a brand-new roof, washer, dryer, and appliances included, you can rest assured knowing that maintenance costs are minimized, and tenant satisfaction is maximized.
4. **Expansive Backyard:** Embrace the outdoors! The large backyard provides ample space for relaxation, recreation, and entertainment, making it an attractive feature for potential tenants seeking a lifestyle of comfort and leisure.
5. **New Paver Driveway:** Impress at first sight! The newly installed paver driveway enhances curb appeal and sets the stage for a warm welcome, leaving a lasting impression on both tenants and visitors.
**Investment Highlights:**
- **Income Potential:** Benefit from immediate cash flow with tenants already in place, offering an attractive return on investment.
- **Low Maintenance:** With recent upgrades and meticulous upkeep, enjoy hassle-free ownership and minimal expenses.
- **Value Appreciation:** Capitalize on the potential for long-term appreciation in property value, fueled by the property’s prime location and enduring appeal.
**Don’t Miss Out!**
This tenant-occupied treasure presents an exceptional opportunity for savvy investors seeking steady returns and long-term wealth accumulation. Act now to secure your future in real estate!
5 Bedroom Three Bath w/ Large Backyard
Tenant in place at $3,495.00 per month
1830 West Alta Vista Road, Phoenix AZ 85034
ReModel Year 2024
New Roof: New Shingles / Roof Boards/
HVAC: 3 ½ Ton (Duct Cleaned ) 2024 by George Brazil
Certificate of Service 2024 (George Brazil)
Mini Split: 1 ton Brand New 2024 (ReCamera 5)
ELECTRICAL: New Wiring throughout
Lighting/Ceiling lights; Ceiling Fans (new)
Plumbing:
New Plumbing (with PEX-A) throughout
FLOORING: Brand New (Bruce Hardwood flooring in Bedrooms)
Porcelain Tile in Bathrooms
Bathrooms:
New Vanity Sinks, New Shower heads, New Hollywood LED mirror
nEW Medicine Cabinets, New Bidet, Hand Held showers
Paints: New interior painting (all rooms ; living rooms)
New Exterior Paints + Stone Tiles in the front
PAVERS: Brand new Pavers both in Front and Back
Laundry Room: New General Electric Combo (Washer/Dryer) Home Depot
Water Heaters: Instant Water Heater (Natural Gas) / Tankless
Kitchen + Living Room:
New Kitchen Island + New Kitchen with New Appliance
Dishwasher/Garbage Disposal; Double Oven Range (not brand new)
New Kitchen Cabinets Drawers/ Drawer pulls
5 Bedroom 3 bath that the tenant's rent is $3,500 and cap rate is 6.34%. The Lease ends on 6/30/2025
Welcome to your next lucrative real estate venture! Nestled in a sought-after neighborhood, this remarkable 5-bedroom, 3-bathroom house with a spacious backyard offers an irresistible investment opportunity. Here’s why you should seize the chance:
**Key Features:**
1. **Tenant Occupied:** Sit back and watch your investment grow effortlessly! This property is already generating substantial rental income, with tenants paying well above market rates. A stable income stream awaits you from day one.
2. **Prime Location:** Located in a desirable neighborhood, this property promises enduring value and high demand. Enjoy the convenience of proximity to schools, shopping centers, parks, and more, ensuring maximum tenant satisfaction and retention.
3. **Modern Upgrades:** Say hello to worry-free ownership! With a brand-new roof, washer, dryer, and appliances included, you can rest assured knowing that maintenance costs are minimized, and tenant satisfaction is maximized.
4. **Expansive Backyard:** Embrace the outdoors! The large backyard provides ample space for relaxation, recreation, and entertainment, making it an attractive feature for potential tenants seeking a lifestyle of comfort and leisure.
5. **New Paver Driveway:** Impress at first sight! The newly installed paver driveway enhances curb appeal and sets the stage for a warm welcome, leaving a lasting impression on both tenants and visitors.
**Investment Highlights:**
- **Income Potential:** Benefit from immediate cash flow with tenants already in place, offering an attractive return on investment.
- **Low Maintenance:** With recent upgrades and meticulous upkeep, enjoy hassle-free ownership and minimal expenses.
- **Value Appreciation:** Capitalize on the potential for long-term appreciation in property value, fueled by the property’s prime location and enduring appeal.
**Don’t Miss Out!**
This tenant-occupied treasure presents an exceptional opportunity for savvy investors seeking steady returns and long-term wealth accumulation. Act now to secure your future in real estate!
5 Bedroom Three Bath w/ Large Backyard
Tenant in place at $3,495.00 per month
1830 West Alta Vista Road, Phoenix AZ 85034
ReModel Year 2024
New Roof: New Shingles / Roof Boards/
HVAC: 3 ½ Ton (Duct Cleaned ) 2024 by George Brazil
Certificate of Service 2024 (George Brazil)
Mini Split: 1 ton Brand New 2024 (ReCamera 5)
ELECTRICAL: New Wiring throughout
Lighting/Ceiling lights; Ceiling Fans (new)
Plumbing:
New Plumbing (with PEX-A) throughout
FLOORING: Brand New (Bruce Hardwood flooring in Bedrooms)
Porcelain Tile in Bathrooms
Bathrooms:
New Vanity Sinks, New Shower heads, New Hollywood LED mirror
nEW Medicine Cabinets, New Bidet, Hand Held showers
Paints: New interior painting (all rooms ; living rooms)
New Exterior Paints + Stone Tiles in the front
PAVERS: Brand new Pavers both in Front and Back
Laundry Room: New General Electric Combo (Washer/Dryer) Home Depot
Water Heaters: Instant Water Heater (Natural Gas) / Tankless
Kitchen + Living Room:
New Kitchen Island + New Kitchen with New Appliance
Dishwasher/Garbage Disposal; Double Oven Range (not brand new)
New Kitchen Cabinets Drawers/ Drawer pulls
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $808,489 CAD | Apartment Style | Garden |
Price Per Unit | $808,489 CAD | Lot Size | 0.14 AC |
Sale Type | Investment | Building Size | 1,554 SF |
Cap Rate | 6.34% | Average Occupancy | 100% |
Gross Rent Multiplier | 13.22 | No. Stories | 1 |
No. Units | 1 | Year Built/Renovated | 1971/2024 |
Property Type | Multifamily |
Price | $808,489 CAD |
Price Per Unit | $808,489 CAD |
Sale Type | Investment |
Cap Rate | 6.34% |
Gross Rent Multiplier | 13.22 |
No. Units | 1 |
Property Type | Multifamily |
Apartment Style | Garden |
Lot Size | 0.14 AC |
Building Size | 1,554 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built/Renovated | 1971/2024 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Ceiling Fans
- Kitchen
- Yard
- Double Pane Windows
- Framed Mirrors
- Window Coverings
Site Amenities
- Fenced Lot
- Bicycle Storage
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
5+3 | 1 | $5,046 CAD | 1,551 |
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zoning
Zoning Code | [R1-6] Single Family ([R1-6] Single Family Residence) |
[R1-6] Single Family ([R1-6] Single Family Residence) |
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1830 W Alta Vista Rd - 5 Bed 3 bath that the tenant's rent is $3,500
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