1519 W Desert Cove Avenue, Phoenix, AZ 85029

$430,000

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Sold Price
$430,000
List Price
$450,000
Closing Date
Apr 05, 2025
Days on Market
40
Status
CLOSED
MLS#
6819664
City
Phoenix
Subdivision
Desert Cove Extension Lots 5-12, 21, 24-28
Year Built
1970

Property Description

1519 W Desert Cove Ave offers a value-add investment opportunity within the desirable Sunnyslope Submarket. The property features three fully occupied units, including one 2-bedroom, 1-bathroom unit ($1,171/Mo), and two 1-bedroom, 1-bathroom units ($1,136/Mo & $1,146/Mo). All tenants are on month-to-month leases. Rents above include $71 monthly water reimbursement. This complex is conveniently located across the street from an 88-unit affordable housing project led by Commonwealth Development. Units are individually metered for electric and gas, with each unit charged $71/Mo for water/sewer. A great opportunity with significant upside potential!

Additional Information

School District
Glendale Union High School District
Community Features
See Remarks, No Pool
Construction
Other, Painted, Block
Cooling
Other, Electric
Electric
Other (See Remarks), APS
Flooring
Other
Heating
Individual, Electric
New Financing
Other (See Remarks)
Parking Features
Other, Paved
Roofing
Other, Composition
Sewer
Other, Public Sewer
Subdivision
Desert Cove Extension Lots 5-12, 21, 24-28
Taxes
$929
Tax Year
2024
Units
3
Water
See Remarks, City Franchise
Zoning
R-3

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Calculator source: Real Geeks

Listing courtesy of R.O.I. Properties. Selling Office: R.O.I. Properties.

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