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1021 E FAIRMOUNT Avenue

Phoenix, AZ 85014

MLS#: 6997176

$1,950,000

Status: Active
Listing number: 6997176
Listing provided by: Matthews Real Estate Investment Services
Listing agent phone: None
Last update: a month ago
On site: 2 months ago
Browse Properties
WEST IDLEWILDE - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

0

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    On Street, Carport

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,950,000

  • Tax Amount

    $4,003

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Osborn Elementary District

  • Middle School

    Longview Elementary School

  • High School

    North High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

Maricopa

Elementary School

Osborn Elementary District

Middle School

Longview Elementary School

High School

North High School

Listing Courtesy of Bradley Skenderian , Matthews Real Estate Investment Services

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Agent Mandy Gold

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Mandy Gold

Call Mandy today to schedule a private showing.

(520) 335-3204

mandy@mandygoldteam.com


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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.

1021 E FAIRMOUNT Avenue

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