1615 W Desert Cove Avenue, Phoenix, AZ 85029
- $600,000
- 6
- BD
- 3
- BA
- List Price
- $600,000
- Status
- ACTIVE
- Price Change
- ▼ $34,000 1786242707
- Days on Market
- 123
- MLS#
- 7014247
- City
- Phoenix
- Bedrooms
- 6
- Bathrooms
- 3
- Year Built
- 1974
Property Description
DO NOT DISTURB TENANTS!!! 48HR MIN NOTICE. LANDLORDS HAVE CONTINUOUSLY IMPROVED THE PROPERTY SINCE THEY'VE OWNED THEM. ASK FOR A LIST OF UPDATES. PERFECT FOR OWNER OCCUPANCY ON ONE AND RENT THE OTHER 2; AS THE LEASES ARE EXPIRING IN JUNE. PLEASE NOTE THAT THE TENANTS WOULD LOVE TO EXTEND THEIR LEASE AS THEY HAVE BEEN LOYAL RENTERS. THESE ARE 2 SEPARATE BUILDINGS. THE FRONT BUILDING IS A STAND ALONE UNIT AND A LITTLE LARGER. THE REAR BUILDING HAS 2 ATTACHED UNITS. EACH OF THE 3 UNITS HAS 2 BEDROOMS & 1 BATH ALONG WITH A COVERED PARKING SPOT, STORAGE/LAUNDRY ROOM & A GENEROUS SIZED BACK YARD. THESE BUILDINGS ARE SOLID SLUMP BLOCK BUILT THAT ARE IN GREAT CONDITION THAT CAN CONTINUE TO STAND THE ARIZONA HEAT WITH PROPER CARE & MAINTENANCE FOR A LONG LONG TIME!
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Additional Information
- Taxes
- $1,831
- Net Operating Income
- $17,552
- Cap Rate
- 2.93
- Units
- 3
- Flooring
- Ceramic Tile
- Parking Features
- Carport
- Construction
- Block, Slump Block, Painted
- Roofing
- Composition
- Cooling
- Electric, Ceiling Fan(s)
- Heating
- Natural Gas
- Zoning
- Multi
- Exterior Features
- Sidewalk(s)
- Subdivision
- Desert Cove Extension Lots 5-12 21 24-28
- Community Features
- No Pool
- Electric
- APS, Individual Meter
- Water
- City Franchise
- Sewer
- Sewer-In & Connected
- Tenant Pays
- Electricity, Gas, Cable TV
- New Financing
- VA Loan, FHA, Conventional, No Carry, Cash
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Listing courtesy of Coldwell Banker Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.