Homes for sale - 1313 E CAROL Avenue, Phoenix, AZ 85020

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Mike Zahn

mikezahn.az@gmail.com +1(602) 574-6400

$ 1,980,000

Est. payment | -/mo

Save

$ 1,980,000

Est. payment | -/mo

Save

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

Parking Features Paved Parking, >1 Space Per Unit

Community Features No Pool

Roof Type Composition

Total Parking Spaces 18

Building

Sewer Public Sewer

Water City Franchise

New Construction No

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

Listed by West USA Realty

1313 E CAROL Avenue Phoenix, AZ 85020