MLS# 6676265 – 2989 N 44th Street, Phoenix, AZ 85018

Price: $565,000
Beds: 3
Baths: 2
Living Area SqFt: 1,648
Status: Active
Property Type: Apartment
Lot Size Acres: 0
Lot Size SqFt: 162
Year Built: 2005
Neighborhood: Arcadia Grove Condominium
Days on Website: 60

Courtesy of Barrett Real Estate

Property Description

**Investor Special Property with Tenants in Place** Welcome to an exceptional investment opportunity! This property offers a unique blend of immediate rental income and promising potential for future value appreciation. Here’s a brief overview: **Location:** Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants, and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. **Property Type:** This multi-unit property is meticulously designed to offer comfort and functionality. **Tenant Situation:** Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity. **Investment Potential:** With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there’s ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends. **Financials:** Detailed financial information, including current rental income, expenses, and potential return on investment, will be provided upon request to serious investors. **Opportunity for Growth:** Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation. **Conclusion:** With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don’t miss out on the chance to secure a solid investment in a prime location.

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Property Details and Features

  • Bathrooms
  • 2 total decimal bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 3 total bedrooms
  • Building
  • Built in 2005
  • Living area: 1648
  • Construction materials: “Brick Veneer”, “Stucco”, “Frame – Wood”
  • Cooling
  • “Refrigeration”
  • Exterior Features
  • “Balcony”
  • “Covered Patio(s)”
  • Fence
  • “Wrought Iron”
  • Fireplaces
  • “None”
  • Floors
  • “Carpet”
  • “Tile”
  • Garage
  • 2 spaces
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee: $580
  • Association fee frequency: Monthly
  • Association fee includes: “Roof Repair”, “Insurance”, “Sewer”, “Maintenance Grounds”, “Street Maint”, “Trash”, “Water”, “Roof Replacement”, “Maintenance Exterior”
  • Association amenities: “Management”, “VA Approved Prjct”
  • Interior Features
  • “9+ Flat Ceilings”
  • “Drink Wtr Filter Sys”
  • “Elevator”
  • “Fire Sprinklers”
  • “No Interior Steps”
  • “Pantry”
  • “Full Bth Master Bdrm”
  • “Separate Shwr & Tub”
  • “High Speed Internet”
  • “Granite Counters”
  • Listing
  • Listing ID: 6676265
  • Standard status: Active
  • 60 days on market
  • Location
  • Subdivision name: ARCADIA GROVE CONDOMINIUM
  • Lot
  • 162 sqft
  • Pool
  • “None”
  • Possession
  • “Subject To Tenant Rights”
  • Roof
  • “Concrete”
  • Schools
  • Elementary school: Tavan Elementary School
  • High school: Arcadia High School
  • High school district: Scottsdale Unified District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,108
  • Lot: 2033

Property Map

$565,000 – 2989 N 44th Street, Phoenix, AZ 85018

Street View

Nearby Schools

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This content last updated on May 11, 2024 11:14AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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