3121-3123 W Almeria Road, Phoenix, AZ 85009

$1,595,000
List Price
$1,595,000
Price Change
▲ $200,000 1711596381
Days on Market
112
Status
ACTIVE
MLS#
6683135
City
Phoenix
Subdivision
Northwest Homesites 2 Blks 20-26
Year Built
1966

Property Description

The Property The property at 3121-3123 W Almeria Rd in Phoenix, AZ, zip code 85009, is a two-building residential complex situated on a 13,260 square feet plot of land. Zoned as R-4, it encompasses a total area of 4,416 square feet. The parcel number associated with this property is 108-26-108-C-D Comprising eight apartment units, this building offers a mix of one-bedroom accommodations. Recent rent studies suggest that the current rental rates can be increased, potentially reaching $1,250 per unit. Therefore, the property holds promising income potential and presents an attractive investment opportunity for prospective buyers.

Additional Information

School District
Phoenix Union High School District
Community Features
No Pool
Construction
Painted, Block
Cooling
Individual, Heat Pump, Ceiling Fan(s)
Electric
APS, Individual Meter
Flooring
Ceramic Tile
Heating
Individual, Heat Pump
New Financing
CTL, Owner May Carry, Wraparound
Parking Features
Free, >1 Space Per Unit, Street Parking
Roofing
Composition
Sewer
Sewer-In & Connected, Public Sewer
Subdivision
Northwest Homesites 2 Blks 20-26
Taxes
$2,991
Tax Year
2023
Tenant Pays
Gas, Electricity, Cable TV
Units
8
Water
City Franchise, Master Meter
Zoning
R-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Gerchick Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.