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1313 E Carol Ave

Phoenix AZ 85020

18
Multi-Family
Currently for sale - view listing

Overview

Here is your opportunity to own three single level triplexes in a row. Each is on a separate parcel giving you the opportunity to utilize either conventional financing or commercial lending. This well-maintained property backs to desert area and a park. Great mountain views in all directions. Grassy areas outside the front doors of all the buildings is inviting and beautiful. All units are Spacious 2 bedrooms, 1 bath with 880 square feet of living space. Buildings have separate storage rooms for each tenant. Kitchens have dining area and sliding door to back patio. There are two coin-op laundry rooms. Complex is 100% occupied and is easy to manage. Self-manage this one and get an immediate cap rate of 5.5%. Increase rents and bring it up to a 6.2% cap rate. Drive by only.

Features

18 carspaces
18 open car spaces
Multi-Family

Property history for 1313 E Carol Ave

2018
Sold
$675,000
12 Dec 2018 by Curt Johnson, of Berkshire Hathaway HomeServices Arizona Properties

Happy sellers in Phoenix

90%
90% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 11 multi families similar to 1313 E Carol Ave, have been sold.

This represents a 32% increase in multi families sales when compared to the previous 12 months.

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