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1916-1920 E Fairmount Ave
Phoenix, AZ 85016
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 4,000 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 2.5/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | R1-6, Phoenix | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 87% |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | R1-6, Phoenix |
About 1916-1920 E FAIRMOUNT AVE , PHOENIX, AZ 85016
Very Desirable, Quiet Neighborhood Just South of the Go To Camelback Corridor! 1916 & 1920 E Fairmount consists of (8) 1 bedroom 1 bathroom apartments Major Upside in Additional Improvements & Income w/below market rents. Individually Metered. Fresh Exterior Paint, 3 of 8 units have New Kitchens, 2 New A/C units in the past 3 years. 4 Water Heaters Replaced in the last 3 years. 7 units have Fresh Interior Paint & Fixtures. Well Maintained/No Deferred Maintenance. Qualifies for "Residential Financing" as 1916 & 1920 E Fairmount are on two Separate Parcels. Must be purchased together. Marketing in cooperation with listing office/Homesmart. Owner is a real estate agent and is doing a 1031 Tax Deferred Exchange.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $672.50 | 490 |
Property Taxes
| Parcel Number | 119-28-126 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $11,908 |
Property Taxes
Parcel Number
119-28-126
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,908
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