2989 N 44TH Street, 2033, Phoenix, AZ 85018 (MLS# 6676265)

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2989 N 44TH Street, 2033, Phoenix, AZ 85018

$565,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,648 Lot Size (sq. ft.): 162 Status: Active
Current Price: $565,000 Last Modified: 4/02/2024

Description

**Investor Special Property with Tenants in Place** Welcome to an exceptional investment opportunity! This property offers a unique blend of immediate rental income and promising potential for future value appreciation. Here's a brief overview: **Location:** Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants, and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. **Property Type:** This multi-unit property is meticulously designed to offer comfort and functionality.

Supplements: **Tenant Situation:** Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity. **Investment Potential:** With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there's ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends. **Financials:** Detailed financial information, including current rental income, expenses, and potential return on investment, will be provided upon request to serious investors. **Opportunity for Growth:** Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation. **Conclusion:** With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don't miss out on the chance to secure a solid investment in a prime location.

More Information MLS# 6676265

Contract Information

Status Change Date: 2024-03-12 List Price: $565,000 Status: Active Current Price: $565,000 List Date: 2024-03-12 Type: ER Ownership: Condominium Co-Ownership (Fractional) Agreement YN: No Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 3 Variable Commission: N

Location, Tax & Legal

House Number: 2989 Compass: N Street Name: 44TH St Suffix: Street Unit #: 2033 City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 7309 Country: USA County Code: Maricopa Building Number: 5W Assessor's Map #: 5 Assessor's Parcel #: 118 Assessor Number: 127-05-118 Legal Description (Abbrev): LOT 2033 ARCADIA GROVE CONDOMINIUM MCR 057912 Subdivision: ARCADIA GROVE CONDOMINIUM Tax Municipality: Phoenix Taxes: 2108 Tax Year: 2023

General Property Description

Dwelling Type: Apartment Style/Flat Dwelling Styles: Stacked Exterior Stories: 3 # of Interior Levels: 1 # Bedrooms: 3 # Bathrooms: 2 Approx SQFT: 1648 Price/SqFt: 342.84 Horses: N Builder Name: unk Year Built: 2005 Approx Lot SqFt: 162 Approx Lot Acres: 0.004 Pool: Community Only Elementary School: Tavan Elementary School Jr. High School: Ingleside Middle School High School: Arcadia High School Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District

Remarks & Misc

Cross Street: 44th Street and Thomas Rd Geo Lat: 33.481729 Geo Lon: -111.985709

Legal Info

Township: 2N Range: 4E Section: 30 Lot Number: 2033

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Fee: 548 HOA Paid Frequency: Monthly HOA Name: Arcadia Grove COA HOA Telephone: 480-551-4300 HOA Management Company: First Service Res HOA Management Phone: 480-551-4300 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee $/%: $ Cap Improvement/Impact Fee 2 $/%: $ Prepaid Association Fees HOA: 1096 Disclosure Fees HOA: 400 Other Fees HOA: 300 Other Fees Description: Bueyr Fee Move in/move out Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 548

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: Y

Parking Spaces

Garage Spaces: 2 Total Covered Spaces: 2

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Private Toilet Room Additional Bedroom: 2 Master Bedrooms; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet Fireplace: No Fireplace Flooring: Carpet; Tile Pool Features: No Pool Spa: None Community Features: Clubhouse/Rec Room; Community Pool; Community Pool Htd; Community Spa; Community Spa Htd; Gated Community; Near Bus Stop; Workout Facility Dining Area: Dining in LR/GR Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Countertops; Non-laminate Counter Laundry: Washer Included; Dryer Included; Inside Other Rooms: Great Room Features: 9+ Flat Ceilings; Fire Sprinklers; Elevator; No Interior Steps; Water Softener Owned; Drink Wtr Filter Sys Technology: Cable TV Avail; High Speed Internet Available Exterior Features: Balcony; Covered Patio(s) Construction: Frame - Wood Const - Finish: Stucco; Brick Trim/Veneer Roofing: Concrete Cooling: Refrigeration Heating: Electric Utilities: SRP Water: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron Property Description: North/South Exposure Landscaping: None Lockbox Type: None Possession: Subject To Tenant Rights Unit Style: All on One Level; Neighbor Above; End Unit Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Common Area Maint; Street Maint Assoc Rules/Info: Pets OK (See Rmrks); No Visible Truck Trailer RV Boat; Clubhouse/Rec Center; VA Approved Prjct; Prof Managed Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Barrett Real Estate
Last Updated: April - 02 - 2024
2989 N 44TH Street, 2033, Phoenix, AZ 85018- MLS# 6676265
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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