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.