Property Attributes
- MLS#6676265
- TypeCondos
- CountyMARICOPA
- CityPhoenix
- NeighborhoodARCADIA GROVE CONDOMINIUM
- Zip85018
- StyleResidential
- Year Built2005
- Taxes$ 2108
- Price$ 565,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1648
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
**Investor Special Property with Tenants in Place** Welcome to an exceptional investment opportunity! This property offers a unique blend of immediate rental income and promising potential for future value appreciation. Here's a brief overview: **Location:** Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants, and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. **Property Type:** This multi-unit property is meticulously designed to offer comfort and functionality. **Tenant Situation:** Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity. **Investment Potential:** With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there's ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends. **Financials:** Detailed financial information, including current rental income, expenses, and potential return on investment, will be provided upon request to serious investors. **Opportunity for Growth:** Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation. **Conclusion:** With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don't miss out on the chance to secure a solid investment in a prime location.
Elementary School | Middle School | High School |
---|---|---|
Tavan Elementary School | Ingleside Middle School | Arcadia High School |
Price History | |
---|---|
3/13/2024 | Listed $590,000 |
4/2/2024 | 5% - $565,000 |
General Features
Interior Features | 9+ Flat Ceilings,Drink Wtr Filter Sys,Elevator,Fire Sprinklers,No Interior Steps,Pantry,Full Bth Master Bdrm,Separate Shwr & Tub,High Speed Internet,Granite Counters |
---|---|
Sewer | Public Sewer |
Heating | Electric |
Cooling | Refrigeration |
Utilities | SRP |
Possession | Subject To Tenant Rights |
Roof | Concrete |
Exterior Features | Balcony,Covered Patio(s) |
HOA | 580.0 |
Garage Spaces | 2.0 |
Association Fee Includes | Roof Repair,Insurance,Sewer,Maintenance Grounds,Street Maint,Trash,Water,Roof Replacement,Maintenance Exterior |
Pool Features | None |
Construction Materials | Brick Veneer,Stucco,Frame - Wood |
Year Built | 2005 |
Township | 2N |
Unit Number | 2033 |
Property SubType | Apartment Style/Flat |
Tax Year | 2023 |
Percent Ownership | Condominium |
Community Features | Gated Community,Community Spa Htd,Community Spa,Community Pool Htd,Community Pool,Near Bus Stop,Clubhouse,Fitness Center |
Assoc Fee Paid Per | Monthly |
County | Maricopa |
Property Type | Residential |
Association Amenities | Management,VA Approved Prjct |
HOA / Comm Assn | Yes |
Subdivision Name | ARCADIA GROVE CONDOMINIUM |
Special Listing Conditions | N/A |
Status | Active |
High School | Arcadia High School |
City | Phoenix |
Buyer Agent Compensation | 3.50 |
Disclosures | Agency Discl Req,Seller Discl Avail |
Association Name | Arcadia Grove COA |
View Y/N | No |
High School District | Scottsdale Unified District |
Open Parking Spaces | 0.0 |
Lot Size Square Feet | 162.0 |
Waterfront Y/N | No |
Carport Spaces | 0.0 |
Carport Y/N | No |
Street Name | 44TH |
Spa Features | None |
Elementary School | Tavan Elementary School |
Property Attached Y/N | Yes |
Land Lease Y/N | No |
Tax Annual Amount | 2108.0 |
Home Warranty Y/N | No |
Middle/Junior High School | Ingleside Middle School |
Lease Renewal Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 67 |
Builder Name | unk |
Standard Status | Active |
Occupancy Type | Tenant |
Elementary School District | Scottsdale Unified District |
Tax Lot | 2033 |
MobileHomeRemainsYN | No |
Buyer Agent Compensation Type | % |
New_sp_Financing_co_Conventional5 | True |
Senior Community | No |
Ttl Monthly Fee Equiv | 580.0 |
Interior Features
Flooring | Carpet,Tile |
---|---|
Fireplace Features | None |
Total Stories | 3 |
Common Walls | Neighbor Above,End Unit |
Fireplace Y/N | No |
Street Suffix | Street |
Total Bedrooms | 3 |
Electric On Property Y/N | No |
LivingAreaSource | County Assessor |
Total Baths | 2 |
Bedrooms Possible | 4 |
Other_sp_Rooms_co_Great_sp_Room | True |
Granite Countertops | True |
Built-in Microwave | True |
Non-laminate Counter | True |
Pantry | True |
Range/Oven Elec | True |
Exterior Features
Fencing | Wrought Iron |
---|---|
Water Source | City Water |
Lot Size Area | 162.0 |
Spa | No |
Lot Size Acres | 0.0 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Covered Spaces | 2.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool