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4132 N 3rd Ave - 4132 N 3rd Ave 2,000 SF Flex Condo Unit Offered at $795,000 in Phoenix, AZ 85013
INVESTMENT HIGHLIGHTS
- Working Airbnb with both STR and MTR. Will hand over portfolio
EXECUTIVE SUMMARY
Don't miss this beautifully updated duplex in the heart of Midtown Phoenix! Sold as a package with 4128 N 3rd Ave, (MLS # 6829392). This incredible, fully furnished investment opportunity features TWO 2 bedroom/1 BA units sits in one of the most desirable areas of the city, surrounded by a unique mix of historic charm and modern conveniences. This newly updated property features wood-look tile flooring, and spacious living and dining areas. Both units are individually metered and include new Low-E windows, new doors, and brand-new water heaters for added value and efficiency. The kitchens are fully remodeled with shaker cabinetry, granite countertops, and stainless steel appliances. Bright and airy bedrooms include walk-in closets and upgraded ceiling fans with stylish, modern touches throughout. With a prime location near top restaurants, shopping, and entertainment, this is a turn-key investment in one of Phoenix's hottest neighborhoods! The property is nestled perfectly in between the I-10, Highway 51, and Black Canyon Freeway providing easy access all over the Valley.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Total Building Size | 2,000 SF | Typical Floor Size | 2,000 SF |
| Property Type | Multifamily (Condo) | Year Built | 1950 |
| Property Subtype | Apartment | Lot Size | 0.15 AC |
| Building Class | B | Parking Ratio | 1/1,000 SF |
| Floors | 1 | ||
| Zoning | M-H | ||
| Total Building Size | 2,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,000 SF |
| Year Built | 1950 |
| Lot Size | 0.15 AC |
| Parking Ratio | 1/1,000 SF |
| Zoning | M-H |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Yard
- Family Room
- Pantry
- Patio
- Vinyl Flooring
SITE AMENITIES
- Private Bathroom
1 UNIT AVAILABLE
Unit 1
| Unit Size | 2,000 SF | Cap Rate | 5.64% |
| Price | $795,000 | NOI | $44,800 |
| Price Per SF | $397.50 | No. Parking Spaces | 2 |
| Condo Use | Flex | Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Unit Size | 2,000 SF |
| Price | $795,000 |
| Price Per SF | $397.50 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.64% |
| NOI | $44,800 |
| No. Parking Spaces | 2 |
| Sale Conditions | 1031 Exchange, Bulk/Portfolio Sale |
DESCRIPTION
Don't miss this beautifully updated duplex in the heart of Midtown Phoenix! Sold as a package with 4128 N 3rd Ave, (MLS # 6829392). This incredible, fully furnished investment opportunity features TWO 2 bedroom/1 BA units sits in one of the most desirable areas of the city, surrounded by a unique mix of historic charm and modern conveniences. This newly updated property features wood-look tile flooring, and spacious living and dining areas. Both units are individually metered and include new Low-E windows, new doors, and brand-new water heaters for added value and efficiency. The kitchens are fully remodeled with shaker cabinetry, granite countertops, and stainless-steel appliances. Bright and airy bedrooms include walk-in closets and upgraded ceiling fans, with stylish, modern touches throughout. With a prime location near top restaurants, shopping, and entertainment, this is a turn-key investment in one of Phoenix's hottest neighborhoods! The property is nestled perfectly in between the I-10, Highway 51, and Black Canyon Freeway providing easy access all over the Valley.
SALE NOTES
Duplex with TWO 2-bedroom 1 bath units. Also being offered with identical neighboring duplex at 4128 N. 3rd Ave. Listed also at $795,000K.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $2,300 | 1,000 |
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4132 N 3rd Ave - 4132 N 3rd Ave
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