Last Opportunit?y! $67,500 cash by Friday could take it

[Dick Rosen]

ARV $120,000

Rent Potential: $2,000 monthly

1434 S 12th Ave, Phoenix AZ 85007

(7th Ave & Buckeye Rd)

APN: 105-02-186A
Taxes: $628.50 (2013)
4plex, all 1bed/1 bath units
1,530 sq.ft
13,483 sq.ft LOT
Built: 1942

Description/Repairs:
This 4-plex property is located on a large lot, great investment property. Bedrooms and bathrooms good size open Kitchen feel. It has an unpermitted 5th unit that needs to be removed and converted back to its original permitted function, Interior and exterior need some paint. Minor drywall and exterior stucco repair, cracked window, Missing baseboards, damaged interior doors, and missing ceramic tile flooring, HVAC system needs repair. Various components are missing, Electrical system needs repair, Roof shingles need repair or replacement. Missing shingles observed. There has been extensive work done to electrical and plumbing with lots of potential. Kitchen cabinets have been updated, all bathroom fixtures have been updated, mechanicals have been updated but still needs completion.

Comparable Properties
1. 1708 W YUMA ST PHOENIX, AZ 85007
APN: 105-04-002 Assessed Value: $3,260 Rooms: 0 Bldg Area: 1,536 sf
FCVR: 3.528 Full Cash Value: $32,600 Fixtures: 0 Stories: 1
Last Sale: $115,000 on 10/08/2013 ($74.87/sf) Cov Parking: 0 Pool: No Year Built: 1982
Distance: 0.46 miles Lot Size: 9,772 sf

2. 1712 W YUMA ST PHOENIX, AZ 85007
APN: 105-04-003 Assessed Value: $3,260 Rooms: 0 Bldg Area: 1,536 sf
FCVR: 3.528 Full Cash Value: $32,600 Fixtures: 0 Stories: 1
Last Sale: $115,000 on 10/08/2013 ($74.87/sf) Cov Parking: 0 Pool: No Year Built: 1982
Distance: 0.48 miles Lot Size: 9,772 sf

Terms:
-Open escrow with $2,500 nonrefundable earnest deposit with a cashier's check made out to our title company of choice; please contact us for more details.
-Cash, Hard Money only.
-Property comes in "AS-IS" condition. Buyer pays all closing costs, HOA transfer fees and escrow fees.