Welcome home ready for immediate occupancy . 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 property is meticulously designed to offer comfort and functionality. 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.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms Possible: 4
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- 9+ Flat Ceilings
- Drink Wtr Filter Sys
- Elevator
- Fire Sprinklers
- No Interior Steps
- Pantry
- Full Bth Master Bdrm
- Separate Shwr & Tub
- High Speed Internet
- Granite Counters
- Flooring: Carpet, Tile
Heating and Cooling
- Cooling Features: Refrigeration
- Heating Features: Electric
Exterior and Lot Features
- Balcony
- Covered Patio(s)
- Fencing: Wrought Iron
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
Land Info
- Lot Size Acres: 0.003719
- Lot Size Source: Assessor
- Lot Size Square Feet: 162
Homeowners Association
- Association: Yes
- Association Amenities: Management, VA Approved Prjct
- Association Fee: 580
- Association Fee Frequency: Monthly
- Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior
- Calculated Total Monthly Association Fees: 580
- Association Name: Arcadia Grove COA
- Association Phone: 4805514300
School Information
- Elementary School: Tavan Elementary School
- Elementary School District: Scottsdale Unified District
- High School: Arcadia High School
- Middle School: Ingleside Middle School
- School District: Scottsdale Unified District
Amenities and Community Features
- Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Clubhouse, Fitness Center
Other Property Info
- Annual Tax Amount: 2108
- Source Listing Status: Active
- County: Maricopa
- Cross Street: 44th Street and Thomas Rd
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: ARCADIA GROVE CONDOMINIUM
- Ownership Type: Condominium
- Parcel Number: 127-05-118
- Postal City: Phoenix
- Postal Code Plus 4: 7309
- Public Survey Range: 4E
- Public Survey Section: 30
- Subdivision: ARCADIA GROVE CONDOMINIUM
- Township: 2N
- Property Subtype: Apartment Style/Flat
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1648
- Year Built: 2005
- Building Area Source: Assessor
- Building Exterior Type: Brick Veneer, Stucco, Frame - Wood
- Common Walls: Neighbor Above, End Unit
- Construction Materials: Brick Veneer, Stucco, Frame - Wood
- Living Area Source: County Assessor
- Property Age: 19
- Property Attached: Yes
- Roof: Concrete
- Levels or Stories: 3
- Building Total Stories: 3
Utilities
- Sewer: Public Sewer
- Water Source: City Water