925 E Fairmount Avenue, Phoenix, AZ 85014

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Sold Price
$950,000
List Price
$995,000
Closing Date
Jan 30, 2024
Days on Market
101
Status
CLOSED
MLS#
6615379
City
Phoenix
Year Built
1977

Property Description

Are you looking for a lucrative investment property in the heart of Phoenix, AZ? Look no further! An exceptional 4-plex property at 925 E Fairmount Ave conveniently situated near Banner Hospital and boasting numerous upgrades. Property Highlights: Location, Location, Location: Nestled in a highly desirable area of Phoenix, this 4-plex property enjoys close proximity to Banner Hospital, making it a prime spot for potential tenants and a strong rental market. Fully Occupied: All four units are currently fully occupied, ensuring a steady stream of rental income from day one. No need to worry about vacancies or turnover costs! Recent Upgrades:** This property has been thoughtfully maintained and upgraded. Newer air conditioners and a newer roof provide peace of mind and reduce maintenance

Additional Information

Community Features
See Remarks
Construction
Block, Painted
Cooling
Heat Pump, Varies by Unit, Ceiling Fan(s)
Electric
APS
Flooring
Ceramic Tile
Heating
Heat Pump, Varies by Unit
New Financing
VA Loan, FHA, Conventional, No Carry
Parking Features
Open, Carport, >1 Space Per Unit
Roofing
Composition
Sewer
Sewer-In & Connected
Taxes
$3,264
Tax Year
2023
Tenant Pays
Electricity, Cable TV
Units
4
Water
Master Meter, City Franchise
Zoning
R-3

Courtesy of Gerchick Real Estate. 602-688-9279 Selling Office: Realty ONE Group.

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