1021 E Fairmount Avenue, Phoenix, AZ 85014
- $1,895,000
- 13
- BD
- 8
- BA
- List Price
- $1,895,000
- Status
- ACTIVE
- Days on Market
- 184
- Price Change
- ▼ $55,000 1786419764
- MLS#
- 6997176
- Subtype
- Multiple Dwellings
- Year Built
- 1964
- Bedrooms
- 13
- Bathrooms
- 8
- Subdivision
- West Idlewilde
Property Description
1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.
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Additional Information
- Exterior Features
- Sidewalk(s)
- Taxes
- $4,003
- Zoning
- R-3
- Appliances
- Built-In Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
- Heating
- Natural Gas
- Air Conditioning
- Electric
- Exterior Construction
- Block, Wood Frame, Painted
- Parking Features
- Carport, On Street
- Elementary School
- Longview Elementary School
- Middle School
- Longview Elementary School
- High School
- North High School
Listing courtesy of Matthews Real Estate Investment Services.
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