Courtesy of ARMLSNWMLS

OverviewEstate Overview - $500,000

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1829 E VIRGINIA Avenue,

Phoenix, AZ 85006

Here is the opportunity you have been waiting for. There are four 2 bed 1 bath units with tile floors, a back yard/patio area and one covered parking space per unit. The building has a newer roof, newer HVAC units and newer water heaters. Entire building and block fence was just painted! Long term renters in place, but current rent comps show the ability to raise rents by 35% or more! Coin-op laundry also increases the revenue for the owner. With raised rents cap rate should be close to 7%!! Maintenance shed onsite for the owner to utilize. Excellent condition and AMAZING income opportunity. Drive by only, do not disturb tenants...See More

  • 0 Beds
  • 0 Baths
  • 0 Sqft
  • MultiFamily

OverviewListing Details

Status:Closed
Original Listing Price: $ 525,000
Listing Date: 05/04/2020
Days on dealty:Was on Dealty for 100 days
County:Maricopa
MLS Type:ARMLS
Built In:1971
Has HOA:Yes
Status Change Date:August 12, 2020
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: ********
  • Construction materials: Painted, Block
  • Roof: Other, Built-Up
Flooring
  • Carpet
  • Ceramic Tile
  • Vinyl
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: ,
Lot Details
    --

AmenitiesAmenities

Utilities
  • Cooling - Central Air
  • Heating - Natural Gas
  • Water Source : City Franchise
  • Sewer Information : Public Sewer
Laundry
    --
Parking
  • Parking Features: Assigned, 1 Space/Unit, On Street, Carport
  • Garage Spaces: 0
  • Covered Spaces: 4
  • Parking Spaces: 2

HOAHOA & Financial

Primary HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Second HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
  • Phoenix Elementary District
  • Phoenix Union High School District
Neighborhood
  • Greenfield Acres

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Kirk Linehan

(eXp Realty)

MLS # 6078798

1829 E VIRGINIA Avenue

Phoenix, AZ 85006

$500,000
Flyer cover
FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/1829-e-virginia-avenue-phoenix-az-85006
Year Built
1971
Garage
2

Here is the opportunity you have been waiting for. There are four 2 bed 1 bath units with tile floors, a back yard/patio area and one covered parking space per unit. The building has a newer roof, newer HVAC units and newer water heaters. Entire building and block fence was just painted! Long term renters in place, but current rent comps show the ability to raise rents by 35% or more! Coin-op laundry also increases the revenue for the owner. With raised rents cap rate should be close to 7%...(Visit the link to Get more info)

AGENT CONTACT

Multiple Listing Service of ARMLS

All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.