Listing MLS# 6854236 Phoenix AZ Real Estate
Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Phoenix AZ real estate, Vista Income Estates 2 - Phoenix real estate for sale, Phoenix, AZ homes for sale and Phoenix real estate and Phoenix homes.
Phoenix, AZ 85021
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1947Year Built
- 0.00Acres
- 78 yearsEst Age
- MLS# 6854236
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market5 months, 12 days
- AreaMaricopa
- CountyMaricopa
- Subdivision Vista Income Estates 2
Overview
Fully Remodeled Triplex - Turnkey units with luxury upgrades and modern finishes throughoutCombine for 7 Units - Buy adjacent 4-plex (2122 W Augusta) for a total of 7 income-producing unitsResidential Financing Eligible - Two parcels allow for conventional or DSCR loan options$500K+ in Capital Improvements - Major upgrades already completedsave time and moneyStrong Tenant Base - 100% leased with immediate cash flow and rental upsideEnergy Efficient Upgrades - Dual-pane windows, new hot water heaters, and updated doorsHigh-End Interiors - Quartz countertops, stainless steel appliances, wood-like tile floorsPrivate Outdoor Space - Smooth stucco exterior and rear unit backyards boost tenant appealBonus Storage Income - Two storage units onsite create additional revenue Own Your Piece of Phoenix: Fully Remodeled Triplex Multifamily Opportunity!Location, Luxury, and Investment Potential Await!Discover a rare opportunity to own a fully remodeled and leased triplex apartment building nestled in the vibrant heart of North Phoenix. This property (with 2122 W Augusta 4 PLEX available as well) spans two parcels, making it eligible for residential financinga unique advantage for savvy investors and homeowners alike. You could own a total of 7 units with 2 loans and 25% down. Also, available to use a DSCR Loan!Key Features:- Modern Interiors: Recently upgraded with fresh paint, wood-like tile flooring, and spacious living/dining areas.- Energy Efficiency:New dual pane windows, doors, and hot water heaters enhance comfort and reduce utility costs.- Gourmet Kitchens: Featuring ample cabinets, luxurious quartz countertops, and sparkling stainless steel appliances.- Comfortable Living: Bedrooms flooded with natural light, upgraded ceiling fans, and walk-in closets.- Upscale Bathrooms: Completely renovated to offer modern comfort and style.- Exterior Appeal: Even and smooth stucco finish, with private backyards for the rear units.- Additional Income Potential: Includes two onsite storage rooms, offering extra revenue streams.Prime Location:Located in North Phoenix, where historic charm meets trendy establishments. Enjoy proximity to renowned restaurants, shopping centers, and convenient access to major transportation routes.Investment Highlights:- Fully leased with immediate income generation.-Capital Expenses have been taken care of with over 500K in improvements- Ideal for residential financing, maximizing investment opportunities.- Potential for continued growth in a thriving rental market.Don't Miss Out!Seize this exceptional opportunity to own a meticulously remodeled 7-unit multifamily property in one of Phoenix's most sought-after neighborhoods. Whether you're looking to invest or searching for a stylish home with income potential, this property promises unmatched value. The price above is for the Triplex only.Act Now!Disclaimer: Buyer to verify all facts and figures.Investment and residential financing subject to lender approval. All information deemed reliable but not guaranteed.
Agriculture / Farm
Horse: No
Association Fees / Info
Community Features: Other, See Remarks, No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Other, Painted, Stucco, Block
Roof: Composition
Exterior Features
Pool Private: No
Financial
Owner Pays: Electricity,Trash Collection,Water,Sewer,Landscaping
Gross Income: 64688.3
Insurance Expense: 1684
Maintenance Expense: 1668
Garage / Parking
Parking Features: Paved, Free, Add'l Parking Avail, 1 Space/Unit, On Street
Garage: No
Attached Garage: No
Interior Features
Flooring: Ceramic Tile
Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Fireplace: No
Lot Info
Lot Size: irr
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt, Curb(s) & Gutter(s)
Zoning: [R-3] Multiple
Property Attached: No
Tax Info
Tax Legal Description: VISTA INCOME ESTATES UNIT TWO MCR 19/18 S2 LOT 16 EX E 16F TH/OF
Tax Amount Annual: 736
Unit Info
Total Units: 3
Utilities / Hvac
Water Source: Master Meter, City Franchise
Electric: APS, Master Meter
Cooling: Yes
Cool System: Ceiling Fan(s), Electric, Heat Pump, Individual
Heating: Individual, Heat Pump
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Water Front: No
Directions
Turn south from Northern. At Augusta turn east and property is on the north side of the street
Listings courtesy of Gerchick Real Estate
Phoenix real estate and Phoenix homes, Phoenix AZ real estate specialist, Vista Income Estates 2 real estate, Phoenix AZ homes for sale, Phoenix AZ real estate