2989 N 44th Street Unit 2033, Phoenix, AZ 85018

$499,000
3
BD
2
BA
1,648
SqFt
List Price
$499,000
Price Change
▼ $66,000 1717273448
Days on Market
185
Status
ACTIVE
MLS#
6676265
City
Phoenix
Bedrooms
3
Bathrooms
2
Living SQFT
1,648
Lot Size
162
Subdivision
Arcadia Grove Condominium
Year Built
2005
Type
Apartment Style/Flat

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 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.

Additional Information

Elementary School
Tavan Elementary School
High School
Arcadia High School
Middle School
Ingleside Middle School
School District
Scottsdale Unified District
Assoc Fee Includes
Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior
Hoa Fee
$580
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
Arcadia Grove COA
Builder Name
unk
Community Features
Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Clubhouse, Fitness Center
Construction
Brick Veneer, Stucco, Frame - Wood
Cooling
Refrigeration
Exterior Features
Balcony, Covered Patio(s)
Fencing
Wrought Iron
Fireplace
None
Flooring
Carpet, Tile
Garage Spaces
2
Heating
Electric
Living Area
1,648
Lot Size
162
New Financing
Conventional, VA Loan
Other Rooms
Great Room
Property Description
North/South Exposure
Roofing
Concrete
Sewer
Public Sewer
Spa
None
Stories
3
Style
Stacked
Subdivision
Arcadia Grove Condominium
Taxes
$2,108
Tax Year
2023
Water
City Water

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Barrett Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.