Address
2989 N 44TH Street # 2033, Phoenix, AZ
Price
$ 565,000
Property Attributes
  • MLS#6676265
  • TypeCondos
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodARCADIA GROVE CONDOMINIUM
  • Zip85018
  • StyleResidential
  • Year Built2005
  • Taxes$ 2108
  • Price$ 565,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1648
Data Source:
Arizona Regional MLS (ARMLSN)
Property 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 multi-unit 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.

Elementary School Middle School High School
Tavan Elementary School Ingleside Middle School Arcadia High School
Price History
3/13/2024 Listed $590,000
4/2/2024 5% - $565,000

General Features

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
Sewer Public Sewer
Heating Electric
Cooling Refrigeration
Utilities SRP
Possession Subject To Tenant Rights
Roof Concrete
Exterior Features Balcony,Covered Patio(s)
HOA 580.0
Garage Spaces 2.0
Association Fee Includes Roof Repair,Insurance,Sewer,Maintenance Grounds,Street Maint,Trash,Water,Roof Replacement,Maintenance Exterior
Pool Features None
Construction Materials Brick Veneer,Stucco,Frame - Wood
Year Built 2005
Township 2N
Unit Number 2033
Property SubType Apartment Style/Flat
Tax Year 2023
Percent Ownership Condominium
Community Features Gated Community,Community Spa Htd,Community Spa,Community Pool Htd,Community Pool,Near Bus Stop,Clubhouse,Fitness Center
Assoc Fee Paid Per Monthly
County Maricopa
Property Type Residential
Association Amenities Management,VA Approved Prjct
HOA / Comm Assn Yes
Subdivision Name ARCADIA GROVE CONDOMINIUM
Special Listing Conditions N/A
Status Active
High School Arcadia High School
City Phoenix
Buyer Agent Compensation 3.50
Disclosures Agency Discl Req,Seller Discl Avail
Association Name Arcadia Grove COA
View Y/N No
High School District Scottsdale Unified District
Open Parking Spaces 0.0
Lot Size Square Feet 162.0
Waterfront Y/N No
Carport Spaces 0.0
Carport Y/N No
Street Name 44TH
Spa Features None
Elementary School Tavan Elementary School
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 2108.0
Home Warranty Y/N No
Middle/Junior High School Ingleside Middle School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 63
Builder Name unk
Standard Status Active
Occupancy Description Tenant
Elementary School District Scottsdale Unified District
Tax Lot 2033
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Senior Community No
Ttl Monthly Fee Equiv 580.0

Interior Features

Flooring Carpet,Tile
Fireplace Features None
Total Stories 3
Common Walls Neighbor Above,End Unit
Fireplace Y/N No
Street Suffix Street
Total Bedrooms 3
Electric On Property Y/N No
LivingAreaSource County Assessor
Total Baths 2
Bedrooms Possible 4
Other_sp_Rooms_co_Great_sp_Room True
Granite Countertops True
Built-in Microwave True
Non-laminate Counter True
Pantry True
Range/Oven Elec True

Exterior Features

Fencing Wrought Iron
Water Source City Water
Lot Size Area 162.0
Spa No
Lot Size Acres 0.0
Lot Size Units Square Feet
Lot Size Source Assessor
Covered Spaces 2.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 85018

Price
AVG $400K
$570K
Taxes
AVG $1,192
$2,108
Visits
AVG 92
95
Data Provided by Inside Real Estate®
Year Built
AVG 1977
2005

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