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Address
2627 N 27Th Street Phoenix, AZ
Price
$ 2,299,000
Property Attributes
  • MLS#6055576
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • Zip85008
  • Style
  • Year Built1999
  • Taxes4548
  • Price$ 2,299,000
  • Bedrooms20
  • Full Bathrooms19
  • Half Bathrooms0
  • Sqr Footage9300
Listing Provided Courtesy Of:
CBRE, Inc
Property Description

The Lido is an 11-unit boutique garden-style apartment community located in a highly desirable east Phoenix location that has recently been extensively renovated and repositioned with premium finishes. Built in 1999, the community is comprised of 10-multifamily units in addition to a three-bedroom single family home that is approximately 1,850 square feet. The property is made of block (SFR) and wood frame (multifamily building) construction with built-up roofs with metal mansards and is individually metered for electricity. The home is on a separate 14,000 square foot parcel and could potentially be sold separately as an exit strategy. Single family home sales in the area average $250 per square foot.

Price History
3/24/2020 Listed $2,299,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 1850
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Features No Pool
Map Code/Grid P35
Net Income 126535.00
New Financing 1031 Exchange, Conventional
Owner Pays None
Parking 1 Space/Unit
Property Type F
School District 000 - Out of Area
Status Active
Tenant Pays Cable TV, Electric
Year Built 1999
Zoning R-2

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 650
2 Bedroom Units: # 2 Bedroom Units 8
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 850
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 2
Appliances Included BI Oven/Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Cooling Individual
Electric Individual Meter
Floors Concrete
Gas Master Meter
Heating Electric
Interior Features Other (See Remarks), Unfurnished
Total Number of Units 11.00

Exterior Features

Sale Includes Building(s) Only
Const - Finish Painted, Siding
Covered Parking Spcs 0.00
Exterior Features Other (See Remarks)
Lot Size Dimensions .79
Roof Built-Up
Sewer Sewer - Public
Total Parking Spcs 11.00
Water Master Meter

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85008

Price
AVG $870K
$2.3M
Taxes
AVG $1,600
$4,548
Visits
AVG 44
231
Year Built
AVG 1960
1999

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