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Ashley Jewett

ashley@ashleyjewett.com +1(480) 652-9862

$ 490,000

Est. payment -/mo

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Price Dropped by $5K

1229 S 13th Avenue Phoenix, AZ 85007

UPDATED:

10/11/2024 12:24 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Ward Tract

MLS Listing ID 6741365

Maintenance Fees $7,582

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2018

Annual Tax Amount $951

Tax Year 2023

Lot Dimensions 50 x 135

Property Description

These centrally-located Downtown Phoenix units, built in 2018, are comprised of three 1 bedroom, 1 bath detached units. This cash flowing investment property grosses around $4,500/mo or $54,000 per year. Two units are rented as short-term rentals, averaging $1,750/mo each, while one is a long-term rental at $1,050/mo. The 3 buildings are also individually metered for electric. All units enjoy vaulted ceilings, laminate wood flooring, dual pane windows, ceiling fans, shaker cabinets, rear storage rooms, mini-split heating and cooling, and there are multiple above ground garden beds for the community to use.

Location

State AZ

County Maricopa

Community Ward Tract

Zoning R-3

Interior

Heating Individual, 2 or More Units, Electric

Cooling 2 or More Units, Individual, Electric, Ceiling Fan(s)

Flooring Vinyl

Appliance Microwave

Exterior

Garage 1 Space/Unit

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type 1 Space/Unit

Total Parking Spaces 4

Building

Sewer Public Sewer

Water City Franchise, Master Meter

Schools

Elementary Schools Mary Mcleod Bethune School

Middle Schools Mary Mcleod Bethune School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 105-02-228

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Listed by My Home Group Real Estate

Ashley Jewett

REALTOR | BRSA656353000

+1(480) 652-9862

Ashley Jewett

1229 S 13th Avenue Phoenix, AZ 85007

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1229 S 13th Avenue