5039 N 18th Avenue, Phoenix, AZ 85015
- $999,999
- List Price
- $999,999
- Status
- ACTIVE
- Days on Market
- 12
- MLS#
- 6763030
- City
- Phoenix
- Year Built
- 1994
Property Description
FULLY REMODELED IN 2023 - GREAT INVESTMENT OPTION IN CENTRAL PHOENIX: ''Single-Family Home'' + ''Duplex'' on 17,164sf lot. In each property, the remodel included new roofs, windows, electrical, drains, pex plumbing, doors, trim, baseboards, blinds, ceiling fans, wood-look tile floors, & 1.25'' water line. All kitchens have quartz counters, full backsplashs, on-trend white cabs, & recessed lighting. All baths are fully remodeled incl new toilets, cabs, counters, fixtures, & shower surrounds. Each unit has an indoor laundry room with a washer/dryer hook-up, & a private fenced yard with a covered patio & artificial turf. The additional building in the NE corner of the lot could be leased out as storage units. Great location ½ BLOCK FROM THE PHOENIX LIGHT RAIL. Located in REINVENTPHX ZONE.
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Additional Information
- Taxes
- $1,421
- Net Operating Income
- $62,000
- Cap Rate
- 6.2
- Units
- 3
- Flooring
- Ceramic Tile
- Parking Features
- Common
- Construction
- Painted, Stucco, Frame - Wood
- Roofing
- Composition
- Cooling
- Electric, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R3
- Subdivision
- Nile Tract Block 2
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Gas, Electricity, Cable TV
- New Financing
- Conventional, VA Loan
- Elementary School
- Encanto School
- Middle School
- Osborn Middle School
- High School
- Central High School
- School District
- Phoenix Union High School District
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Listing courtesy of Realty Executives.
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