Price Reduction
Address
3350 E PINCHOT Avenue, Phoenix, AZ
Price
$ 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 |
Amenities
- 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
Price
Taxes
Visits
Year Built
Walkscore
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