1313 E CAROL Avenue new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85020
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Bickerstaff Homes
MLS Listing ID 6787057
Maintenance Fees $6,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1962
Annual Tax Amount $3,591
Tax Year 2024
Lot Dimensions 201x140
Property Description
Here is your opportunity to own three single level triplexes in a row. Each is on a separate parcel giving you the opportunity to utilize either conventional financing or commercial lending. This well-maintained property backs to desert area and a park. Great mountain views in all directions. Grassy areas outside the front doors of all the buildings is inviting and beautiful. All units are Spacious 2 bedrooms, 1 bath with 880 square feet of living space. Buildings have separate storage rooms for each tenant. Kitchens have dining area and sliding door to back patio. There are two coin-op laundry rooms. Complex is 100% occupied and is easy to manage. Self-manage this one and get an immediate cap rate of 5.5%. Increase rents and bring it up to a 6.2% cap rate. Drive by only.
Location
State AZ
County Maricopa
Community Bickerstaff Homes
Zoning R-3
Direction South on 13th Street to Carol. East on Carol Ave to property on South Side of Street.
Interior
Heating Heat Pump
Cooling Heat Pump,Electric,Ceiling Fan(s)
Flooring Carpet,Ceramic Tile,Vinyl
Appliance F/S Oven/Range
Exterior
Garage Paved Parking,>1 Space Per Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 18
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
Elementary Schools Washington Elementary School - Phoenix
Middle Schools Royal Palm Middle School
High Schools Sunnyslope High School
School District Glendale Union High School District
Others
Senior Community No
Tax ID 159-31-108
Acceptable Financing Conventional,1031 Exchange
Listing Terms Conventional,1031 Exchange