MLS® ID: 5988481

1812 N 31ST Place

Phoenix, Arizona, 85008

$599,000 Active
  • - SQFT
Desirable unit mix featuring a majority two and three-bedroom floorplans. Unit interiors are lightly renovated and community space leaves an opportunity to enhancevisual appeal, security systems and laundry facilities for the next investor. Located 1.3 miles from loop 202 Expressway allowing for convenient transit to the downtown and midtown phoenix employment corridors. Only slightly further to Highway 51, allowing quick access to the Biltmore and North Phoenix. Room for significant operational improvement.Without significant capital expense, the property isanticipated to stabilize at a 7.24% cap rate basedon the pro forma when compared to the offeringprice.
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Listing courtesy of Platinum Living Realty

Amenities

  • Zip
    85008
  • Office name
    Platinum Living Realty
  • Property type
    Multiple Dwellings
  • Zoning type
    M-M
  • School district
    014 - Creighton Elementary District
  • Elementary school
    Creighton Elementary School
  • Junior high
    Creighton Elementary School
  • High school
    Camelback High School
  • Year built
    1972
  • Lot size
    73 x 166
  • Sewer
    Sewer - Public
  • Heating
    Individual
  • Tax year
    0
  • Agent name
    Craig A Young
  • Tax amount
    $ 1645.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $500k-$600k
  • Area
    Phoenix
  • Year Built Range
    1989 (and earlier)
  • Office ID
    rmpl01
  • Agent ID
    cy008

Location

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