2140 W HEATHERBRAE Drive, Phoenix, AZ 85015
Overview
Description
Supplements: ... (Read more) The offering includes two triplex buildings combined purchase price: $999,900. * 2140 W Heatherbrae - $499,900 must be purchased together * 2144 W Heatherbrae - $499,900 must be purchased together Additionally, the adjacent property at 2134 W Heatherbrae will be coming to market at $499,900, presenting a rare opportunity to acquire all three triplexes (9 total units) for a combined price of $1,499,000. The property is centrally located with strong rental demand drivers and accessibility. Financing options include conventional and commercial loan structures. All facts and figures are approximate. Buyer to verify all information. Seller is Holds an active real estate Brokers license in AZ and FL
Listing Details MLS# 7010114
Location, Tax & Legal
- House Number
- 2140
- Compass
- W
- Street Name
- HEATHERBRAE
- St Suffix
- Drive
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85015
- Zip4
- 4965
- County Code
- Maricopa
- Subdivision
- PUCCINELLI PLACE
- Assessor Number
- 154-29-028
- Tax Year
- 2025
- Assessor's Map #
- 29
- Legal Description (Abbrev)
- LOT 10 PUCCINELLI PLACE MCR 007308
- Assessor's Parcel #
- 28
- Add'l Parcels
- Yes
- Tax Municipality
- Phoenix
- Census Tract
- 109003
- Taxes
- 4604
- Legal
- LOT 10 PUCCINELLI PLACE MCR 007308
- Marketing Name
- Six at Heatherbrae
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 373' X 196'
- Year Built
- 1963
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 3
- # of Buildings
- Yes
- Zoning
- R-3
- Elementary School District
- Alhambra Elementary District
- High School District
- Phoenix Union High School District
Remarks Misc
- Cross Street
- Indian School & 23rd Ave
- Directions
- North on 23rd Ave to Heaterbrae Dr, East to property on the North side of the street.
Legal Info
- Township
- 2N
- Range
- 2E
- Section
- 24
- Lot Number
- 10
Income Expenses
- Gross Annual Sch Inc
- 46800
- Net Operating Income
- 33236
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
2 Bedroom Units
- # 2 Bedroom Units
- 3
- Avg Rent
- 995
- Avg SqFt
- 918
- # Baths
- Yes
Project Type
- Tri-Plex
- Yes
- 5 - 12 Units
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Stucco
- Yes
Roofing
- Composition
- Yes
- Foam
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Ins Exp
- 2400
- Annual Landscape Exp
- 600
- Annual Maint Exp
- 1500
- Annual Mgmt Exp
- 2160
- Annual Trash Exp
- 800
- Annual Wtr/Swr Exp
- 1500
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 13564
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 46800
Pmt & Rate Info
- Cap Rate
- 6.65
- Equity
- 499900
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- See Remarks
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
- Individual
- Yes
Exterior Amenities
- Other (See Remarks)
- Yes
Interior Features
- Other (See Remarks)
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Appliances Included
- Free-Standing Gas Oven
- Yes
- Refrigerator
- Yes
Road Access Type
- Alley
- Yes
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- Add'l Parking Avail
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- Owner May Carry
- Yes
- 1031 Exchange
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
