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Rich Brecklin

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

$815,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Knutzen Tract

MLS Listing ID 6978472

Maintenance Fees $4,044

Year Built 1983

Annual Tax Amount $1,859

Tax Year 2025

Lot Dimensions 10867

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Well-maintained four-unit apartment community located in the Garfield Submarket. Built in 1983, the property is comprised entirely of two-bedroom, one-bath units. Each of the units have been upgraded to various levels by current ownership, with the most recently remodeled unit renting for $1,425 plus RUBS; however future ownership will be able to capture additional value-add upside through further interior and exterior upgrades. New roof in 2021. The property also sits on a .25 acre lot, so there is also potential to build additional units. 1421 E Fillmore St presents a compelling opportunity to acquire a value-add asset in a centralized, high growth location with both immediate income potential and long-term upside. Great opportunity for investor or owner-occupant

Location

State AZ

County Maricopa

Community Knutzen Tract

Area Maricopa

Zoning R4

Interior

Heating Individual, Electric

Cooling Other, See Remarks

Flooring Ceramic Tile

Appliance Free-Standing Range, Other, Refrigerator

Exterior

Parking Features >1 Space Per Unit

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-18-130

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional

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Listed by Matthews Real Estate Investment Services • Bradley Skenderian

NEARBY SCHOOL & BUSINESS

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Rich Brecklin

+1(480) 660-3460

Agent

1421 E FILLMORE Street Phoenix, AZ 85006

Rich Brecklin

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION