3010 N 37th St Street, Phoenix, AZ 85018
- $2,020,000
- 12
- BD
- 12
- BA
- List Price
- $2,020,000
- Status
- ACTIVE
- Days on Market
- 84
- MLS#
- 7044366
- City
- Phoenix
- Bedrooms
- 12
- Bathrooms
- 12
- Year Built
- 2017
Property Description
Rare opportunity to acquire a 4-unit portfolio within a boutique 7-unit townhome community in a highly desirable Central Phoenix location. Built in 2016, these well-maintained 3-bedroom, 3-bathroom townhomes feature open-concept floor plans, attached two-car garages, and private outdoor living spaces. The property offers stable cash flow, low-maintenance ownership, and future flexibility through individual unit sales. Recent improvements include new roofing, exterior paint, landscaping, and other select upgrades, creating a turnkey investment opportunity with strong rental performance and minimal deferred maintenance.
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Additional Information
- Taxes
- $12,209
- Net Operating Income
- $89,384
- Cap Rate
- 4.42
- Units
- 4
- Parking Features
- Attached Garage
- Construction
- Wood Frame, Stucco
- Roofing
- Built-Up
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R3
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection
- New Financing
- Conventional, Cash
- Elementary School
- The Creighton Academy
- Middle School
- Monte Vista Elementary School
- High School
- Camelback High School
Courtesy of REI Marketing. 602-715-0232
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