2501 E CULVER Street Phoenix, AZ ^$ 560,000

2501 E CULVER Street

^$ 560,000

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2501 E CULVER Street

Phoenix, AZ, 85008

^$ 560,000

Studio Baths0.0

Monthly Estimate*

^$ 3,722

2501 E CULVER Street, Phoenix, AZ 85008 - Image 1

2501 E CULVER Street, Phoenix, AZ 85008 - Image 2

2501 E CULVER Street, Phoenix, AZ 85008 - Image 3

2501 E CULVER Street, Phoenix, AZ 85008 - Image 4

2501 E CULVER Street, Phoenix, AZ 85008 - Image 5

2501 E CULVER Street, Phoenix, AZ 85008 - Image 6

2501 E CULVER Street, Phoenix, AZ 85008 - Image 7

Studio

Multi-Family Home for sale in Phoenix, AZ

for $560,000. This home was built in 1920.

Solid income producing property includes 3 units, each with 1 bed/1 bath. All units have updated kitchen with quartz counter top, white shaker cabinets & stainless steel appliances The bath in each unit is updated as well. Grey ceramic tile flooring throughout, dual pane windows and new AC units installed in 2022. There is a shared laundry room with 1 washer/1 dryer . Huge undeveloped back yard is a part of the property.

Multi-Family Active

Price

^$ 560,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 658

Style

Multiple Dwellings

Year Built

1920

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6696275

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Electric

Roof Foam Rolled/Hot Mop

Zoning R-3

Construction Materials Painted Stucco Frame - Wood

Year Built 1920

Electric APS

Tenant Pays Gas Electricity Cable TV

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 46648.0

Community Features No Pool

County Maricopa

Net Operating Income 27374.04

Operating Expense 9633.5

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name NORTH ELSINORE BLOCK 13-14

Garage Y/N N

Status Active

Directions turn south off McDowell at 25th St. proceed straight a head to end of street property is on the south east corner.

High School Phoenix Union Cyber High School

City Phoenix

Buyer Agent Compensation 2.50

Disclosures Seller Prop Disc Stm

View Y/N N

High School District Phoenix Union High School District

Open Parking Spaces 3.0

NumberOfUnitsTotal 3

Lot Size Square Feet 0.0

Carport Y/N N

Street Name CULVER

Elementary School Creighton Elementary School

Tax Annual Amount 658.0

Electric Expense 2637.1

Fuel Expense 571.41

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 42

Standard Status Active

Occupancy Type Tenant

Elementary School District Creighton Elementary District

Tax Lot 1

Cap Rate 4.89

Buyer Agent Compensation Type %

New_sp_Financing_co_Conventional5 True

Ownership Fee Simple

Senior Community N

New Financing True

Interior

Flooring Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features >1 Space Per Unit Street Parking

Water Source City Franchise

Total Parking 3.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 47 ft x 140 ft

Lot Size Acres 0.0

Road Surface Type Private Street

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2501

* Excluded Features

List By

Pacwest Properties, Inc

Broker

bsnaz@msn.com

Affordability Calculator

$3,777

Per Month

Monthly Principal & Interest: $3,722
Monthly Property Taxes: $55
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,363,429

Percent of Sale Price 143%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327393 Elementary School

4327058 Middle School

Phoenix Union Cyber High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2024	$560,000		Listed Price

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2501 E CULVER Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $560,000. 2501 E CULVER Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 85008 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/9/2024.

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2501 E CULVER Street

Multi-Family Home for sale in Phoenix, AZ

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