Phoenix, AZ 85014,925 E Fairmount Avenue

$950,000

$995,000

4.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 01/30/2024

Key Details

Sold Price $950,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6615379

Sold Date 01/30/24

Maintenance Fees $1,000

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1977

Annual Tax Amount $3,264

Tax Year 2023

Lot Dimensions irr

Property Description

Are you looking for a lucrative investment property in the heart of Phoenix, AZ? Look no further! An exceptional 4-plex property at 925 E Fairmount Ave conveniently situated near Banner Hospital and boasting numerous upgrades.
Property Highlights:
Location, Location, Location: Nestled in a highly desirable area of Phoenix, this 4-plex property enjoys close proximity to Banner Hospital, making it a prime spot for potential tenants and a strong rental market.
Fully Occupied: All four units are currently fully occupied, ensuring a steady stream of rental income from day one. No need to worry about vacancies or turnover costs!
Recent Upgrades:** This property has been thoughtfully maintained and upgraded. Newer air conditioners and a newer roof provide peace of mind and reduce maintenance

Location

State AZ

County Maricopa

Zoning R-3

Direction South on 7th Street to Fairmount Turn East on Fairmount and your destinatin will be on the right

Interior

Flooring Ceramic Tile

Appliance FS OvenRange, WD Hookup

Exterior

Garage Free, >1 Space Per Unit, Common

Waterfront No

Roof Type Composition

Parking Type Free, >1 Space Per Unit, Common

Total Parking Spaces 6

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise, Master Meter

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 118-05-037-A

Acceptable Financing No Carry, Conventional, FHA, VA Loan

Listing Terms No Carry, Conventional, FHA, VA Loan

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by Gerchick Real Estate
Bought with Realty ONE Group
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+1(602) 999-2965

jason@axisre.com

727 E Bethany Home Rd D-222, Phoenix, AZ, 85014, United States

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