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
Waterfront No
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