4450 N Longview Avenue, Phoenix, AZ 85014

$1,300,000
List Price
$1,300,000
Status
ACTIVE
Days on Market
14
MLS#
6717288
City
Phoenix
Year Built
1961

Property Description

Boutique apartment community consisting of (5) 1-bed / 1-bath units. Each unit has been fully renovated through interior and exterior upgrades. The interior renovations include in-suite washers / dryers, brand-new quartz countertops, vinyl flooring, white shaker cabinets, and much more. Exterior renovations include new 100 amp meters amd breakers, new fencing for backyards for three units, and beautiful green landscaping. Longview faces Longview Avenue which has seen a major revitalization over the past few years with new developments such as San Mateo Townhomes and Cabana on 12th Apartments, which spans 7 acres along 12th Street. The canal just north of the property is a bonus that offers residents a quick walk to 7th Street Corridor and Restaurant Row.

Additional Information

Taxes
$1,836
Net Operating Income
$58,271
Cap Rate
4.48
Units
5
Flooring
Vinyl
Parking Features
>1 Space Per Unit
Construction
Stucco, Block, Frame - Wood
Roofing
Composition
Cooling
Individual, Electric
Heating
Individual, Electric
Zoning
R-3
Subdivision
Meadowbrook Tract Blk 1
Community Features
No Pool
Electric
SRP, Individual Meter
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
Conventional
School District
Phoenix Union High School District

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of ABI Multifamily.

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