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2939 N 36TH Street

Phoenix, AZ 85018

Phoenix, AZ 85018

2939 N 36TH Street

$5,500,000

MLS#: 6533594

Status: Closed

Listing provided by: DeLex Realty

Listing agent phone: None

Last update: 1 year, 2 months ago

On site: 3 years ago

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CITRUS ACRES LOTS 21-60 - Residential Income

About

Originally built in 1981, Avanti Estates has recently undergone extensive improvements including a new roof, resurfaced pool. 90% of the units have been updated with new flooring, appliances, bathrooms and cabinets. The addition of covered parking has allowed for additional income. 85% of the units have received new air conditioning units. The current management is in the process of turning the water, sewer, and trash over to the tenant allowing for a potential gain of 24K a year in profit. All of Avanti Estate units are metered individually for electric. With a sales price of $5, 500,000, averaging $183,000 per unit, Avanti Estates is an outstanding opportunity for investors. *Seller may carry with the right offer.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1981

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $5,500,000

  • Tax Amount

    $13,503

  • Financing Options

    Conventional

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Creighton Elementary School

  • High School

    Camelback High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    9

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Creighton Elementary School

  • High School

    Camelback High School

Listing Courtesy of Staci Smedstad , DeLex Realty

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Agent Tammy Isabell

Tammy Isabell

Agent / Realtor®

Call Tammy today to schedule a private showing.

Phone (520) 210-1562

Email Tammy@MandyGoldTeam.com


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Originally built in 1981, Avanti Estates has recently undergone extensive improvements including a new roof, resurfaced pool. 90% of the units have been updated with new flooring, appliances, bathrooms and cabinets. The addition of covered parking has allowed for additional income. 85% of the units have received new air conditioning units. The current management is in the process of turning the water, sewer, and trash over to the tenant allowing for a potential gain of 24K a year in profit. All of Avanti Estate units are metered individually for electric. With a sales price of $5, 500,000, averaging $183,000 per unit, Avanti Estates is an outstanding opportunity for investors. *Seller may carry with the right offer.

2939 N 36TH Street

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