Back 1753 E Harvard St
Off Market

1753 E Harvard St

Phoenix AZ 85006

6
Multi-Family
Last sold for $775,000
Linda GerchickLinda Gerchick, last sold this property on 30 September 2024 after 167 days on market.

Overview

Discover an exceptional investment opportunity with this well-maintained garden-style property at 1753 E Harvard, featuring a total of 8 units across two contiguous fourplexes, each on separate parcels. Priced per fourplex, this offering qualifies for residential financing, making it a prime choice for savvy investors looking to capitalize on a stable income stream. **Property Highlights:** - **Year Built:** 1984 - **Unit Composition:** 100% 2-bedroom / 1-bath units, each with an additional office space/study room. - **Exterior Features:** Each unit includes large front patio areas, open backyard spaces, and ample front parking. - **Utilities:** Individually metered for electricity. - **Additional Income Potential:** Owner-operated laundry facilities in each building and storage Discover an exceptional investment opportunity with this well-maintained garden-style property at 1753 E Harvard, featuring a total of 8 units across two contiguous fourplexes, each on separate parcels. Priced per fourplex, this offering qualifies for residential financing, making it a prime choice for savvy investors looking to capitalize on a stable income stream. **Property Highlights:** - **Year Built:** 1984 - **Unit Composition:** 100% 2-bedroom / 1-bath units, each with an additional office space/study room. - **Exterior Features:** Each unit includes large front patio areas, open backyard spaces, and ample front parking. - **Utilities:** Individually metered for electricity. - **Additional Income Potential:** Owner-operated laundry facilities in each building and storage rooms for each unit. **Value-Add Opportunity:** The property presents a light value-add opportunity through interior remodels, which could enhance tenant appeal and increase rental income. **Prime Location Benefits:** - **Close Proximity to Phoenix Children's Hospital:** Perfect for families seeking convenient access to top-notch pediatric care. - **Nearby Amenities:** Minutes away from Phoenix Country Club, Coronado Park, and vibrant Downtown Phoenix. - **Transportation Access:** Easy access to Route 51 Freeway and Phoenix Sky Harbor International Airport. This garden-style property not only offers a solid investment with its attractive unit mix and valuable features but also provides extra income potential through the owner-operated laundry facilities. With its prime location and opportunities for value enhancement, this property is an ideal addition to any real estate portfolio. **Please Note:** Buyers are advised to verify all facts and figures. Seller financing is not available. Interior inspections will be conducted on accepted contracts only. Please drive by only and do not disturb tenants.

Features

6 carspaces
6 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 1753 E Harvard St is $575k.

Median value
$575k
Estimated value range
$100k - $1.35m
Median days on market
75
Estimated value trend
-24%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1753 E Harvard St

2024
Sold
$775,000
30 Sep 2024 by Linda Gerchick, of Gerchick Real Estate

Happy sellers in Phoenix

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We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.

Local market activity for multi families in Phoenix

In the last 12 months, 16 multi families similar to 1753 E Harvard St, have been sold.

This represents a 36% increase in multi families sales when compared to the previous 12 months.

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