Courtesy of ARMLSNWMLS

OverviewEstate Overview - $185,000

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2548 W BELMONT Avenue,

Phoenix, AZ 85051

Income flowing property 11.56% cap rate.All 3 units have been rented for years.All getting social security income and have always paid on time.Units were remodeled in 2009.This is an irrigated lot so expenses are very low.Rents are a total of $1,925 per month.If you are looking for a great income property with very low maintenance costs then this is the property.Roof mounted A/C units are about 10 years old, roof is about 6 years old, 2 of the water heaters are 5 years old...See More

  • 0 Beds
  • 0 Baths
  • 0 Sqft
  • MultiFamily

OverviewListing Details

Status:Closed
Original Listing Price: $ 199,900
Listing Date: 02/16/2015
Days on dealty:Was on Dealty for 180 days
County:Maricopa
MLS Type:ARMLS
Built In:1947
Has HOA:Yes
Status Change Date:August 15, 2015
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: ********
  • Construction materials: Wood Frame, Painted
  • Roof: Composition
Flooring
  • Vinyl
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: ,
Lot Details
    --

AmenitiesAmenities

Utilities
  • Cooling - Central Air, Heat Pump, Individual
  • Heating - Natural Gas
  • Water Source : Irrigation, City Franchise
  • Sewer Information : Public Sewer
Laundry
    --
Parking
  • Parking Features: 1 Space/Unit, <1 Space Per Unit
  • Garage Spaces: 0
  • Covered Spaces: 0
  • Parking Spaces: 6

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
  • Washington Elementary School
  • Glendale Elementary District
  • Cortez High School
  • Palo Verde Middle School
  • Glendale Union High School District
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Lenny Behie

(AZ Brokerage Holdings, LLC)

MLS # 5237508

2548 W BELMONT Avenue

Phoenix, AZ 85051

$185,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/2548-w-belmont-avenue-phoenix-az-85051
Year Built
1947
Garage
6

Income flowing property 11.56% cap rate. All 3 units have been rented for years. All getting social security income and have always paid on time. Units were remodeled in 2009. This is an irrigated lot so expenses are very low. Rents are a total of $1,925 per month. If you are looking for a great income property with very low maintenance costs then this is the property. Roof mounted A/C units are about 10 years old, roof is about 6 years old, 2 of the water heaters are 5 years old. All of this eq...(Visit the link to Get more info)

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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.