UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Avalon Blocks 5-8
MLS Listing ID 6874180
Year Built 1960
Annual Tax Amount $1,381
Tax Year 2024
Lot Dimensions unknown
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
(2) 1-Bed / 1-Bath Units
(1) 3-Bed / 2-Bath Unit
(2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value.
Perfect for buy-and-hold investors looking to improve and stabilize a multifamy asset in a growing area of Phoenix.
Location
State AZ
County Maricopa
Community Avalon Blocks 5-8
Zoning Multi
Direction Thomas & 24th ST Directions: North on 24th St to Harvard west to property
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Vinyl
Appliance None
Exterior
Parking Features Carport
Community Features No Pool
Roof Type Built-Up
Total Parking Spaces 7
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-08-024
Acceptable Financing Conventional, VA Loan
Listing Terms Conventional, VA Loan
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Ryan Ney
Realtor® ~ Team Leader | SASA548713000
Realtor® ~ Team Leader SASA548713000
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