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1421 E FILLMORE Street

Phoenix, AZ 85006
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Active
$850,000
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About The Property

Well-maintained four-unit apartment community located in the Garfield Submarket. Built in 1983, the property is comprised entirely of two-bedroom, one-bath units. Each of the units have been upgraded to various levels by current ownership, with the most recently remodeled unit renting for $1,425 plus RUBS; however future ownership will be able to capture additional value-add upside through further interior and exterior upgrades. New roof in 2021. The property also sits on a .25 acre lot, so there is also potential to build additional units. 1421 E Fillmore St presents a compelling opportunity to acquire a value-add asset in a centralized, high growth location with both immediate income potential and long-term upside. Great opportunity for investor… Read MoreRead Less
Courtesy of Matthews Real Estate Investment Services 310-388-0788
Listing Snapshot
Days Online
43
Last Updated
Property Type
Multiple Dwellings
Year Built
1983
MLS Number
6978472
M. Logan
Top 2% performing AZ broker
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Active
Multifamily
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Additional Details

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Appliances & Equipment
"Free-Standing Range", "Refrigerator"
Building
Built in 1983, Construction materials: "Wood Frame", "Stucco", 4 total units
Cooling
"See Remarks"
Expenses
Insurance: $3,739, Maintenance: $4,044, Water sewer: $3,782
Floors
"Ceramic Tile", "Vinyl"
Heating
"Individual", "Electric"
Parking
">1 Space Per Unit", 10 total parkings
Property
Zoning: R4
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,859, Lot: 6
Utilities
"SRP"
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30 Days Snapshot Of 85006
$524k
+13%
(avg) sold price
15
+36%
homes sold
74
-43%
(avg) days on market
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Monthly Payment
$0

Schools In The Area

Check out nearby schools with ratings and contact info.
Edison School 602-257-3848 Public KG-8
North High School 602-764-6500 Public 9-12
Edison School 602-257-3848 Public KG-8
Edison School 602-257-3848 Public KG-8
Edison School 602-257-3848 Public KG-8
North High School 602-764-6500 Public 9-12

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