2807 E Marconi Avenue, Phoenix, AZ 85032

$635,000
List Price
$635,000
Status
ACTIVE
Days on Market
20
MLS#
6661587
City
Phoenix
Year Built
1982

Property Description

Property being sold as part of package deal, 3 properties (11 units) to be purchased with MLS#'s 6661583, 6661515, 6661587 - Totaling $1,770,000. Palomino Pointe - gated community featuring 2 buildings housing eight units, each comprising 2 bed / 2 bath set in a spectacular location in Phoenix. Each unit equipped with four assigned covered parking spaces, a gated community pool, a spacious green belt, and comes complete with central heating and A/C Mesa property, situated on an oversized lot, holds potential for additional units to be built due to zoning. includes two 3-bedroom/1-bathroom units, one 1-bedroom/1-bathroom unit. 2 units equipped with mini-split systems installed in 2018. These properties offer exceptional value add opportunity.

Additional Information

Taxes
$1,341
Net Operating Income
$38,626
Cap Rate
6.08
Units
4
Flooring
Ceramic Tile, Vinyl
Parking Features
Paved Parking, 1 Space/Unit, Street Parking, Common
Construction
Painted, Stucco, Frame - Wood
Roofing
Foam
Zoning
Multi
Subdivision
Greenway Manor
Community Features
See Remarks, Play Area, Pool
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
Conventional, FHA, VA Loan
Elementary School
Palomino Primary School
Middle School
Greenway Middle School
High School
Paradise Valley High School
School District
Paradise Valley Unified District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Exit Realty Coannah.

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