2928 W Orangewood Avenue, Phoenix, AZ 85051

$1,430,000
List Price
$1,430,000
Days on Market
19
Status
ACTIVE
MLS#
5947539
City
Phoenix
Year Built
1960

Property Description

Real Estate Intelligent Marketing is pleased to offer for sale a wonderful value add project. A new owner can realize significant rent increases and appreciation by upgrading the complex. The property has excellent occupancy stability, and has great tenant base. The property consists of 4 duplexes (8 units) all at 1,100 SF. 7 of the 8 units are 2-bed 1 bath with one unit 3 bed 1 bath. There are also 3 single-family homes on the site. 1 SFH is 2-bed/1 bath and 745 SF. 1 SFH is 2-bed/1 bath and 700 SF. 1 SFH is 1 bed/1 bath and 300 SF. All units are separately metered for electricity.

Additional Information

School District
210 - Phoenix Union High School District
Construction
Block, Frame - Wood
Cooling
Electric Refrigeratd
Electric
SRP
Finish
Painted
Floors
Ceramic Tile
Gas
None
Guest House Sq Ft
15
Heating
Electric
Interior Amenities
Fire/Smoke Alarm(s)
New Financing
Conventional
Parking
<1 Space Per Unit
Project Type
5 - 12 Units
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Taxes
$2,183
Tenant Pays
Electric
Units
11
Water
City Franchise
Zoning
R1-6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of REI Marketing.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.