Listing MLS# 6847366 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, Ironwood Place - Phoenix real estate for sale, Phoenix, AZ homes for sale and Phoenix real estate and Phoenix homes.

$500,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$500,000 No Recent Price Change
721 W Cinnabar Avenue
Phoenix, AZ 85021
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • 1947Year Built
  • 0.00Acres
  • 78 yearsEst Age
  • MLS# 6847366
  • Multifamily
  • Multiple Dwellings
  • Active

  • Approx Time on Market5 months, 26 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision Ironwood Place

Overview

Discover investment potential at 721 W Cinnabar, a promising triplex nestled in a vibrant neighborhood. This property boasts a laundry room and newer roofs, ensuring low maintenance costs for discerning investors. Adjacent is a six-unit property also available for sale, offering expanded portfolio opportunities.Strong possibility to build more units.Currently occupied by Government Assisted Leases, this triplex guarantees consistent income, with payments reliably arriving on the first of every month. Situated on a spacious lot, there's ample room for potential development, presenting a lucrative opportunity for expansion or enhancement.Buyers are encouraged to verify all facts and figures independently to capitalize on this exceptional investment opportunity.Don't miss out Proximity: Light Rail: The 85021 area is conveniently located near the Valley Metro Light Rail, providing easy access to public transportation throughout the Phoenix metropolitan area. Interstate 17 (I-17): Close proximity to Interstate 17 facilitates quick access to downtown Phoenix and other parts of the valley.Employment Base: The area around 85021 is supported by a diverse employment base, including sectors such as healthcare, education, technology, and service industries.Hiking and Outdoor Recreation: Residents can enjoy outdoor activities with nearby access to hiking trails in scenic locations such as North Mountain Park and Shaw Butte.Entertainment and Dining: The 85021 area offers a variety of entertainment options, including shopping centers, restaurants, and cultural venues, ensuring a vibrant local scene.Public Transportation: Bus Routes: Several bus routes serve the 85021 area, enhancing connectivity for commuters and residents alike.



Agriculture / Farm

Horse:  No

Association Fees / Info

Community Features:  See Remarks, No Pool

Hoa:  No

Bathroom Info

Building Info

Construction Materials:  Wood Frame, Painted, Block

Roof:  Composition

Exterior Features

Pool Private:  No

Financial

Owner Pays:  Gas,Electricity,Trash Collection,Water,Sewer,Landscaping

Gross Income:  52659.4

Insurance Expense:  1250

Maintenance Expense:  750

Garage / Parking

Parking Features:  RV Access/Parking, Free, Add'l Parking Avail, >1 Space Per Unit, Boat

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Carpet, Ceramic Tile, Vinyl

Appliances:  Refrigerator, Free-Standing Gas Oven

Fireplace:  No

Lot Info

Lot Size:  irr

Number of Buildings:  2

Other School Info

Property Info

Road Surface Type:  Asphalt, Curb(s) & Gutter(s), Sidewalk(s)

Zoning:  R-3

Property Attached:  No

Tax Info

Tax Legal Description:  IRONWOOD PL LOT 18 W 90' EX S 100'

Tax Amount Annual:  610

Unit Info

Total Units:  3

Utilities / Hvac

Water Source:  Master Meter, City Franchise

Electric:  APS, Individual Meter

Cooling:  Yes

Cool System:  Ceiling Fan(s), Electric, Individual

Heating:  Individual, Heat Pump

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

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On barbarabakerrealty.com since Sun, Apr 6th 2025
No Property History recorded for this listing.
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