1630 E Georgia Avenue, Phoenix, AZ 85016

$3,550,000
List Price
$3,550,000
Status
ACTIVE
Days on Market
5
MLS#
6560076
City
Phoenix
Lot Size
18
Year Built
1964

Property Description

Palmaire is a Mid-Century Modern complex along the Camelback Corridor with spectacular landscaping. This 1960's complex has a total of 18 units spread out to perfection, a gorgeous community pool/ramada, large green areas, and covered parking. The package of 10 condos for sale have been remodeled. The open floor plans allow for great space to entertain or relax. There are three extremely large (Approx 905 SQ FT) 1 bed, 1 bath units, five 2 bed, 2 bath units and two 3 bed, 2 bath units. 2 units are currently furnished. All units feature stainless steel appliances with quartz/granite countertops, shaker-style cabinets, and beautiful flooring ranging from stained concrete to bamboo. Beautiful city park across the street at the end of the cul-de-sac (Walking distance). Easy access to the 51

Additional Information

Gross Annual Sch Inc
244260
Other Income
3300
Adjusted Gross Inc
240133
Taxes
$15,632
Annual Ins Exp
4770
Annual Mgmt Exp
6000
Annual Maint Exp
2400
Annual Owner Assoc Fee
51360
Operating Exp
80162
Net Operating Income
$161,291
Units
10
Project Type
5 - 12 Units
Construction
Block
Roofing
Comp Shingle
Parking
1 Space/Unit, Add'l Parking Avail, Assigned, Carport, Paved Parking, Street Parking
Cooling
See Remarks
Heating
See Remarks
Floors
Carpet, Ceramic Tile, Concrete, Wood
Interior Amenities
Other (See Remarks)
Exterior Amenities
Cable TV Available, Fenced, Green Landscaping, Landscape Wtr System, Other (See Remarks), Patio/Balcony, Separate Storage
Zoning
[M-H]
Subdivision
Palmaire Condominium
Community Amenities
Play Area, Pool, See Remarks
Electric
APS, Individual Meter
Gas
None
Water
City Franchise, See Remarks
Sewer
Sewer - Public
Tenant Pays
Electric
New Financing
1031 Exchange, Other (See Remarks)
Elementary School
Madison Elementary School
Middle School
Madison #1 Middle School
High School
North High School
School District
Phoenix Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of R & I Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.