2989 N 44th Street 2033 Phoenix, 85018

Bedrooms:
3
Bathrooms:
2
Square Feet:
1,648 sqft
Price $565,000 .00
Approx /month
Get More Details
Sale Price:
$565,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$2,108
Insurance: (year)
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Virtual Tour of 2989 N 44th Street 2033, Phoenix 85018

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.

General Information

Price:
$565,000
Status:
Active
Listing Updated:
5/3/2024
List Date:
3/12/2024
Close Date
Square Feet:
1,648
Bedrooms:
3
Bathrooms:
2
Garage Spaces:
2.00
Year Built:
2005
Builder Name:
Unk
Subdivision:
Arcadia Grove Condominium
City:
Phoenix
Zip:
85018
County:
Maricopa
HOA Y/N:
Yes
HOA Fee:
$580
HOA Paid Frequency:
Monthly
HOA Transfer Fee:
0.000
Taxes:
$2,108
Tax Year:
2023
MLS ID:
6676265
Listing Attribution:
Barrett Real Estate
Buyer Agency Compensation:
3.50%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Property 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
Exterior Features
Balcony, Covered Patio(s)
Flooring
Carpet, Tile
Laundry
Fireplace Features
None
Cooling
Refrigeration
Heating
Electric
Utilities
Pool
None
Spa
None
Construction Finish
Brick Veneer, Stucco, Frame - Wood
Roofing
Concrete
Water
City Water
Sewage
Public Sewer
Fencing
Wrought Iron

School Information

High School:
Arcadia High School
High School District:
Scottsdale Unified District
Middle School:
Ingleside Middle School
Elementary School:
Tavan Elementary School
Elementary School District:
Scottsdale Unified District

Community Information

Subdivision:
Arcadia Grove Condominium

Lot Information

Lot Size (sq feet):
162
Lot Features:
Fencing:
Wrought Iron

Location Information

Directions:
Cross Street:
44th Street And Thomas Rd
Map:
View on Map

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

2989 N 44th Street Phoenix AZ 85018

Property Type:
Apartment Style/Flat
Bedrooms:
3
Bathrooms:
2
Interior SqFt:
1648
Interior Stories:
3
Year Built:
2005

2 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.08 Miles
$488,000
0.1 Miles
$435,000

2 Active Properties

Address
Distance/Miles
Active Price
Details
0.04 Miles
$585,000
0 Miles
$565,000