2923 N 38th Street, Phoenix, AZ 85018
- $1,180,000
- List Price
- $1,180,000
- Status
- ACTIVE
- Price Change
- ▼ $55,000 1655701118
- Days on Market
- 44
- MLS#
- 6402666
- City
- Phoenix
- Lot Size
- 5
- Year Built
- 1964
Property Description
Can be purchased individually or with 2921 & 2927 N 38th Street ($4,005,000 total or $1,335,000 per fourplex). Madison at Arcadia Lite is 4 units built in 1964. (2) 1 bed / 1 bath units & (2) 2 bed / 2 bath units. 3 of the 4 units have been fully renovated with new flooring, cabinets, countertops, bathroom vanities, in-suite washer & dryers and more. The property is located within Camelback East, voted by Zillow as the Most Popular Neighborhood in Phoenix and in proximity to the prestigious Arcadia Lite district. Within a bike's ride distance, tenants are sure to enjoy the boutique eateries which include La Grande Orange Restaurant, The Porch, The Vig and much more. The property is fully occupied, please do not disturb the tenants.
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Additional Information
- Gross Annual Sch Inc
- 76560
- Other Income
- 3280
- Adjusted Gross Inc
- 76646
- Taxes
- $1,548
- Operating Exp
- 1548
- Net Operating Income
- $59,922
- Units
- 4
- Project Type
- 5 - 12 Units, Four Plex
- Construction
- Block
- Roofing
- Other (See Remarks)
- Parking
- >1 Space Per Unit, Carport
- Cooling
- Central A/C, Individual
- Heating
- Central, Individual
- Floors
- Vinyl
- Interior Amenities
- Unfurnished
- Exterior Amenities
- Desert Landscaping
- Zoning
- R-4
- Subdivision
- Citrus Acres Lots 21 Thru 60
- Community Amenities
- No Pool
- Electric
- Individual Meter, Other (See Remarks)
- Gas
- Other (See Remarks)
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Electric
- New Financing
- Conventional
- School District
- 210 - Phoenix Union High School District
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Listing courtesy of ABI Multifamily.
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