$499,000
3 Beds
2 Baths
1,648 SqFt
Acre Lot
162 Sqft Lot
Status Active
Property Type Apartment
Price Type
Year Built 2005
Neighborhood Arcadia Grove Condominium
Days on Website 220

Property Map

$499,000 – 2989 N 44th Street Unit 2033, Phoenix, AZ 85018

Street View

Courtesy of Barrett Real Estate {attribution_contact}

Description

**Investor Special Property with Tenants in Place** Welcome to an exceptional investment opportunity! This property offers a unique blend of immediate rental income and promising potential for future value appreciation. Here’s a brief overview: **Location:** Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants, and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. **Property Type:** This property is meticulously designed to offer comfort and functionality. **Tenant Situation:** Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity. **Investment Potential:** With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there’s ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends. **Financials:** Detailed financial information, including current rental income, expenses, and potential return on investment, will be provided upon request to serious investors. **Opportunity for Growth:** Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation. **Conclusion:** With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don’t miss out on the chance to secure a solid investment in a prime location.

Property Details and Features

Bathrooms

  • 2 total decimal bathrooms
  • 2 total bathrooms

Bedrooms

  • 3 total bedrooms

Building

  • Built in 2005
  • Living area: 1648
  • Construction materials: “Brick Veneer”, “Stucco”, “Frame – Wood”

Cooling

  • “Refrigeration”

Exterior Features

  • “Balcony”
  • “Covered Patio(s)”

Fence

  • “Wrought Iron”

Fireplaces

  • “None”

Floors

  • “Carpet”
  • “Tile”

Garage

  • 2 spaces

Heating

  • “Electric”

Home Owner’s Association

  • Association fee: $580
  • Association fee frequency: Monthly
  • Association fee includes: “Roof Repair”, “Insurance”, “Sewer”, “Maintenance Grounds”, “Street Maint”, “Trash”, “Water”, “Roof Replacement”, “Maintenance Exterior”
  • Association amenities: “Management”, “VA Approved Prjct”

Interior Features

  • “9+ Flat Ceilings”
  • “Drink Wtr Filter Sys”
  • “Elevator”
  • “Fire Sprinklers”
  • “No Interior Steps”
  • “Pantry”
  • “Full Bth Master Bdrm”
  • “Separate Shwr & Tub”
  • “High Speed Internet”
  • “Granite Counters”

Listing

  • Listing ID: 6676265
  • Standard status: Active
  • 220 days on market

Location

  • Subdivision name: ARCADIA GROVE CONDOMINIUM

Lot

  • 162 sqft

Pool

  • “None”

Possession

  • “Subject To Tenant Rights”

Roof

  • “Concrete”

Schools

  • Elementary school: Tavan Elementary School
  • High school: Arcadia High School
  • High school district: Scottsdale Unified District

Sewer

  • “Public Sewer”

Taxes

  • Annual amount: $2,108
  • Lot: 2033

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This content last updated on October 18, 2024 20:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.