4815 S 7TH Street, Phoenix, AZ 85040 (MLS # 5969989)

Price $568,900
Status Active
Beds 2
Baths 1 Bath
Home size n/a
Lot Size n/a
Days on Market 183
This is a charming and longstanding Mobile home community! This is a 12 space Mobile home park with an additional Single home. Making a total of 13 rentals. As it sits right now it is a real 8.5 CAP! Space number 7 is vacant with utilities on site ready for another Mobile home and tenant, which would effectively raise the income by 500-600/month conservatively.Right now there are 11 spaces rented with tenant owned homes. 5 at 450, 5 at 400 and 1 at 350/month plus the Single family home which has a very long term tenant at 550 which is low! The Single home has been remodeled, new cabinetry, plumbing, paint, etc! Owners have installed mailboxes for each unit also. All tenants are paying on time! To our knowledge the Majority of tenants have been in these spaces and homes for 5-15+ years.
Property Type(s): Multi Family
Last Updated 1/7/2020 Tract ROOSEVELT SQUARE
Year Built 1959 Community ROOSEVELT SQUARE
County Maricopa


School District 210 - Phoenix Union High School District

Price History

Prior to Sep 3, '19 $599,000
Sep 3, '19 - Jan 7, '20 $569,000
Jan 7, '20 - Today $568,900

Additional Details

AIR None
APPLIANCES Other (See Remarks)
CONSTRUCTION Block; Other (See Remarks)
EXTERIOR Landscape Wtr System, Security Light(s)
HOA DUES $0.00
INTERIOR Other (See Remarks)
LOT DIMENSIONS 0.532 acres / 23,184 sqft
PARKING <1 Space Per Unit
SEWER Sewer - Public
STYLE Mobile Home Park
TAXES 1843.00;
UTILITIES City Electric
WATER City Franchise



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Data last updated 2/25/20 6:59 AM PST.

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