About The Property

''This triplex isn't just a rental — it's a tax-efficient wealth building tool. With the right structure, an investor could write off over $150,000 in the first year through cost segregation while still generating positive cash flow. For high-income earners, that's like operating with a built-in tax shield.''Centrally located, mid-century 3 unit multi-family property in a convenient positioned Historic North Encanto neighborhood.Each unit has 2 bedrooms and 1 bathroom. It appeals to investors, students, faculty, professionals and renters alike. Amenities such as Camelback hikes, golf courses, restaurants, shopping cultural spots, and event venues are just a short drive or walk away. Phoenix College .6 miles away, GCU & ASU downtown 3-4 miles away.Airbnb potential.Transit accessRead MoreRead Less
Courtesy of Russ Lyon Sotheby's International Realty 480-585-7070
Listing Snapshot
Days Online
129
Last Updated
Property Type
Multiple Dwellings
Year Built
1953
MLS Number
6887549
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Appliances & Equipment
"Refrigerator", "Free-Standing Electric Oven"
Building
Built in 1953, Construction materials: "Painted", "Block", "Brick", 3 total units
Cooling
"Central Air", "Ceiling Fan(s)"
Expenses
Electric: $829, Fuel: $591, Insurance: $1,116, Maintenance: $500, Water sewer: $2,688
Floors
"Ceramic Tile"
Heating
"Natural Gas"
Parking
"Paved", ">1 Space Per Unit", 7 total parkings
Property
Zoning: R-4
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,495, Lot: 21
Utilities
"APS"
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30 Days Snapshot Of 85015
$376k
-5%
(avg) sold price
31
+34%
homes sold
104
-13%
(avg) days on market
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Monthly Payment
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