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Rich Brecklin

rich@arizonalife.net +1(480) 660-3460

$1,995,624

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6974495

Year Built 1945

Annual Tax Amount $2,210

Tax Year 2024

Lot Dimensions 195' x 67'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R-3

Direction North from Thomas on 37th street to property

Interior

Cooling Ceiling Fan(s), Electric

Flooring Flooring

Appliance Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave

Exterior

Parking Features Paved, >1 Space Per Unit

Community Features See Remarks

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 127-22-019-A

Acceptable Financing Conventional

Disclosures Seller Prop Disc Stm

Listing Terms Conventional

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Listed by Platinum Realty Group • Gregory Yurkovic

NEARBY SCHOOL & BUSINESS

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Rich Brecklin

+1(480) 660-3460

Agent

3016 N 37 Street Phoenix, AZ 85018

Rich Brecklin

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION