3110 N 39th Street, Phoenix, AZ 85018
- $1,795,000
- 7
- BD
- 4
- BA
- List Price
- $1,795,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7066970
- City
- Phoenix
- Bedrooms
- 7
- Bathrooms
- 4
- Year Built
- 1970
Property Description
RENOVATED FOUR-PLEX IN PRIME CAMELBACK EAST VILLAGE LOCATION WITH INCREDIBLE INCOME POTENTIAL! Beautifully updated and perfectly positioned between the highly desirable Biltmore area and Downtown Scottsdale, this turnkey four-plex is an exceptional opportunity in one of Phoenix's strongest rental submarkets, Camelback East Village. Each unit features custom cabinetry, wood flooring throughout, modern frosted glass doors, and ceiling fans throughout. All units are individually metered for electricity and include in-suite washer and dryer, offering tenants maximum convenience. Residents also enjoy covered carport parking and spacious private yards. The property has been well-maintained with significant updates, including a roof replacement in 2011, two air conditioning units replaced that same year, and the remaining units updated in 2016 and 2021. This property offers a low-maintenance, fully renovated investment in a prime central Phoenix location, just minutes from top dining, shopping, and entertainment.
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Additional Information
- Taxes
- $1,880
- Net Operating Income
- $85,000
- Cap Rate
- 4.74
- Units
- 4
- Parking Features
- Carport, >1 Space Per Unit
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R-3
- Subdivision
- East Citrus Acres Plat A
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Sewer
- Sewer-In & Connected
- Tenant Pays
- Electricity
- New Financing
- Conventional, Cash
- Elementary School
- Monte Vista Elementary School
- Middle School
- Papago School
- High School
- Camelback High School
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