Price Reduction
3350 E PINCHOT Avenue, Phoenix, AZ
$ 3,600,000
Property Attributes
  • MLS#6586643
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodPINCHOT 34 TOWNHOMES
  • Zip85018
  • StyleMultiple Dwellings
  • Year Built2022
  • Taxes$ 570
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Welcome to this exceptional investment property nestled in the sought-after Arcadia area. This contemporary 5-unit townhome complex was thoughtfully designed and constructed in 2022, offering modern living spaces and a prime location that attracts tenants seeking both convenience and luxury. Each townhome features a stylish design with high-end finishes and amenities, ensuring a premium living experience for tenants. All units are fully occupied, presenting an immediate and steady income stream for the savvy investor.

Price History
7/31/2023 Listed $3,750,000
8/23/2023 3% - $3,650,000
9/12/2023 2% - $3,600,000

General Features

Additional Parcels Y/N Yes
Attached Garage Yes
Cap Rate 5.56
Carport Y/N No
City Phoenix
Community Features No Pool
Construction Materials Painted, Frame - Wood
Cooling Individual, Electric
County Maricopa
Days on Market 56
Disclosures None
Electric SRP
Elementary School District Creighton Elementary District
Garage Y/N Yes
Gross Income 207450.72
Heating Floor Furnace, Wall Furnace
High School District Phoenix Union High School District
Insurance Expense 1250.0
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 0.0
Maintenanceexpense 1000.0
Mobilehomeremainsyn No
Net Operating Income 200196.0
New_sp_Financing_co_Conventional5 True
Occupancy Description Tenant
Open Parking Spaces 10.0
Operating Expense 5320.0
Ownerpays Landscaping
Ownership Fee Simple
Property Type Multiple Dwellings
Rent Control Y/N No
Roof Composition
Sewer Public Sewer
Standard Status Active
Status Active
Street Name PINCHOT
Subdivision Name PINCHOT 34 TOWNHOMES
Tax Annual Amount 570.0
Tax Lot 1
Tax Year 2022
Tenant Pays Trash Collection, Electricity, Water, Sewer
Total Units 5
Township 2N
View Y/N No
Year Built 2022
Zoning R-3

Interior Features

Air Conditioning Y/N Yes
Electric On Property Y/N No
Heating Y/N Yes
Street Suffix Avenue

Exterior Features

Buyer Agent Compensation 2.00
Buyer Agent Compensation Type %
Covered Spaces 10.0
Crops Included Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 14996 square feet
Lot Size Acres 0.0
Lot Size Area 0.0
Number of Buildings 1
Open Parking Y/N No
Parking Features Attached, >1 Space Per Unit
Road Surface Type Asphalt
Spa No
Total Parking 20.0
Water Source Individual Meter


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

Property vs Multi-Family Average in 85018

AVG $2.17M
AVG $1,851
AVG 102
Year Built
AVG 1976
AVG 71
Data Provided by Walkscore ® not using MLS data

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