About The Property

Prime Investor Opportunity in Central Phoenix - This R-3 zoned triplex sits on a ~0.34-acre lot with 1,683 sq. ft. of rentable space and expansion potential. Strong fundamentals include brand-new AC units, updated utilities, a solid structure, and desirable parking. The oversized lot and zoning create options for additional units or redevelopment, while current operations provide steady income. A rare chance to secure cash flow today with significant value-add and future upside in the heart of Encanto. Buyer to verify all information to deem accurate.
Courtesy of My Home Group Real Estate 480-685-2760
Listing Snapshot
Days Online
81
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6920440
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Appliances & Equipment
"Free-Standing Range", "Refrigerator", "Washer/Dryer"
Building
Built in 1960, Construction materials: "Wood Frame", "Painted", "Brick", 3 total units
Cooling
"See Remarks", "Individual", "2 or More Units"
Floors
"Ceramic Tile"
Heating
"Electric"
Parking
">1 Space Per Unit", 8 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,174, Lot: 23
Utilities
"SRP", "City Electric", "Submetered System"
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30 Days Snapshot Of 85008
$500k
+8%
(avg) sold price
9
-18%
homes sold
87
-13%
(avg) days on market
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Monthly Payment
$0

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