3016 N 37 Street, Phoenix, AZ 85018

$1,995,624
8
BD
7
BA

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List Price
$1,995,624
Status
ACTIVE
Days on Market
229
MLS#
6974495
Subtype
Multiple Dwellings
Year Built
1945
Bedrooms
8
Bathrooms
7

Property Description

Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.

Additional Information

Taxes
$2,210
Zoning
R-3
Appliances
Refrigerator, Dishwasher, Disposal, Microwave, Built-In Electric Oven
Heating
Forced Air
Air Conditioning
Electric, Ceiling Fan(s)
Exterior Construction
Block, Painted
Parking Features
Paved, >1 Space Per Unit

Listing courtesy of Platinum Realty Group.

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