3441 N 37TH Street

    Phoenix, AZ 85018
    • $799,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 6046514
    UPDATED: 57 min ago
    $799,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    Description

    Fantastic investment opportunity to purchase this six-plex near ARCADIA. This property is located in the highly coveted 85018 zip code, consisting of two buildings all one bedroom units, ample parking and tons of potential. Ready to be repositioned or redeveloped. All leases are month to month and rents are far, far, far below market value. Seize the opportunity to own units in a hot sub-market that is experiencing growth and expansion. Short term rentals, vacation rentals, or long term rentals would work here. The possibilities are endless. Walking distance to shopping and restaurants, this gem is ready for a rehab and increased rents! Drive by only, please do not disturb occupants.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Everest Team at eXp Realty. Data last updated 2020-04-03T16:11:06.507.
    www.theeverestteam.com/homes/103897894

    3441 N 37TH Street Phoenix, AZ 85018

    • Price: $799,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 6046514
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1950
    Built
    Neighborhood:
    North Citrus Acres Amd
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Monte Vista Elementary School
    Middle School:
    Monte Vista Elementary School
    High School:
    Camelback High School
    School District:
    014 - Creighton Elementary District
    Property Description
    Fantastic investment opportunity to purchase this six-plex near ARCADIA. This property is located in the highly coveted 85018 zip code, consisting of two buildings all one bedroom units, ample parking and tons of potential. Ready to be repositioned or redeveloped. All leases are month to month and rents are far, far, far below market value. Seize the opportunity to own units in a hot sub-market that is experiencing growth and expansion. Short term rentals, vacation rentals, or long term rentals would work here. The possibilities are endless. Walking distance to shopping and restaurants, this gem is ready for a rehab and increased rents! Drive by only, please do not disturb occupants.
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Partially FencedCable Tv Available Lot Size Dimensions 99 X 165 Parking Paved ParkingStreet Parking>1 Space Per Unit Roads AsphaltDirtGravel Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 650 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling Electric RefrigeratdWindow/Wall UnitHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetVinyl/Composition Heating ElectricGas Interior Amenities UnfurnishedFire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 600.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 871.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1800.00 Annual Legal And Acctg 480.00 Annual Maint Exp 3500.00 Annual Mgmt Exp 3600.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 3600.00 Community Amenities No Pool Cross Street 37th St & Osborn Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 42000.00 New Financing ConventionalNo Carry Operating Exp 15935.00 Other Income 0.00 Owner Pays WaterSewerTrash CollectionLandscaping Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Provided By Owner Tax Municipality Maricopa - County Taxes 2084.00 Tenant Pays ElectricGasCable Tv Totl Mnth Rntal Inc 3500.00 UCB No Vacancy Allowance 0.03 Water City Franchise Zoning R 3

    Listing courtesy of Keller Williams Realty Biltmore Partners.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Everest Team at eXp Realty. Data last updated 2020-04-03T16:11:06.507.
     
    The Everest Team at eXp Realty
    4921 S. Alma School Rd.
    Chandler AZ, 85248