Viewing Listing MLS# 6980315
$1,950,630 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85018
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1964Year Built
- 0.00Acres
- 62 yearsEst Age
- MLS# 6980315
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market4 months, 4 days
- AreaN/A
- CountyMaricopa
- Subdivision Citrus Acres Lots 1 Thru 20
Overview
Rare opportunity to acquire a fully upgraded 7-unit multifamily property ideally located adjacent to the highly desirable Arcadia and Midtown Phoenix corridors. This boutique asset offers strong rental demand, modernized interiors, and excellent income potential. All units have been renovated with updated kitchens, baths, flooring, and contemporary finishes, creating a true turnkey investment. The property benefits from proximity to Arcadia Lite dining and shopping, Midtown employment centers, transit, and major freeways. Efficient unit mix, professional maintenance, and a high-demand location make this an ideal asset for investors seeking solid ROI and long-term appreciation. Opportunities like this are limiteddon't miss it.
Agriculture / Farm
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Painted, Block
Roof: Composition
Exterior Features
Financial
Owner Pays: None
Gross Income: 110409
Garage / Parking
Parking Features: 1 Space/Unit
Interior Features
Flooring: Tile
Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator
Lot Info
Lot Size: 150' x 68'
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: R-3
Tax Info
Tax Legal Description: CITRUS ACRES MCR 17-29 LOT 64 E2 N2 DAF BEG NE COR SD LOT TH S 66.91F W 151.05F N 66.92F E 151.06F T
Tax Amount Annual: 2056
Unit Info
Total Units: 7
Unit: A
Utilities / Hvac
Water Source: City Franchise
Electric: APS
Cooling: Yes
Cool System: Ceiling Fan(s), Electric
Heating: Forced Air
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Schools
Elem: Monte Vista Elementary School
Middle: Monte Vista Elementary School
High: North High School
Directions
North on 38th from Thomas road property on left
Listings courtesy of Platinum Realty Group
MLS# 7004828 