UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Daniels 2Nd Addition
MLS Listing ID 7037076
Maintenance Fees $1,000
Year Built 1940
Annual Tax Amount $1,480
Tax Year 2025
Lot Dimensions 5889
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The property consists of:
Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room
Rear Unit 1: 1 Bedroom / 1 Bathroom
Rear Unit 2: 2 Bedroom / 1 Bathroom
Rear Unit 3: Studio unit
Each rear unit has its own private entrance, creating privacy and flexibility for tenants.
The majority of the interior renovation work has already been completed. Additional planned upgrades include:
Brand new electrical system installation
New HVAC systems
New ap New hot water heaters
Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product.
The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability.
This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized.
Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth.
Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside.
Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income.
Location
State AZ
County Maricopa
Community Daniels 2Nd Addition
Area Maricopa
Zoning residential
Direction West to 10th ave then North to house
Interior
Heating Individual, Heat Pump
Cooling Heat Pump
Flooring Ceramic Tile
Appliance Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features Carport
Community Features No Pool
Roof Type Tile
Private Pool No
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
Elementary Schools Mary Mcleod Bethune School
Middle Schools Mary Mcleod Bethune School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 105-01-051
Acceptable Financing Other (See Remarks), No Carry, Conventional
Disclosures Seller Prop Disc Stm
Listing Terms Other (See Remarks), No Carry, Conventional
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