Active

1313 E CAROL Avenue

Phoenix AZ, 85020

$1,980,000


Active

Other

Built in 1962

Here is your opportunity to own three single level triplexes in a row. Each is on a separate parcel giving you the opportunity to utilize either conventional financing or commercial lending. This well-maintained property backs to desert area and a park. Great mountain views in all directions. Grassy areas outside the front doors of all the buildings is inviting and beautiful. All units are Spacious 2 bedrooms, 1 bath with 880 square feet of living space. Buildings have separate storage rooms for each tenant. Kitchens have dining area and sliding door to back patio. There are two coin-op laundry rooms. Complex is 100% occupied and is easy to manage. Self-manage this one and get an immediate cap rate of 5.5%. Increase rents and bring it up to a 6.2% cap rate. Drive by only.

6787057

MLS ID

November 22, 2024

Listed

November 27, 2024

Updated

Map

1313 E CAROL Avenue
Phoenix AZ, 85020

Interior Features

Floor Description

Carpet, Ceramic Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump, Electric, Ceiling Fan(s)


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Roof

Composition


Sewer

Public Sewer

School Information

School District

Washington Elementary District


High School

Sunnyslope High School


Elementary School

Washington Elementary School - Phoenix

Other Property Details

Taxes

$3,591


Tax Frequency

Annually


Days on Market

6


Garage

No


Parking

Paved Parking, 1 Space Per Unit


Parking Total

18


View

No


County

Maricopa


Water Source

City Franchise


Pool

No


Zoning

R-3

Courtesy of West USA Realty

Listing Contact: 602-390-8088 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cindy Davis shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 9:48 PM UTC, 11/27/2024.

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