3046 E Marconi Avenue, Phoenix, AZ 85032

$1,050,000
Sold Price
$1,050,000
List Price
$1,200,000
Closing Date
May 12, 2021
Days on Market
18
Status
CLOSED
MLS#
6225750
City
Phoenix
Subdivision
Continental Plaza Unit 2 Lots 6-12
Year Built
1984

Property Description

Phenomenal investor opportunity! Rare find, 7 unit apartment building including a large 3x2, one 2x1, three 1x1's and two studios. Community is adjacent to Palomino Park and convenient to both SR-51 & HWY-101, shopping and restaurants including Desert Ridge & Paradise Valley Mall. Immediate cash flow with the flexibility to add value/increase rents. 100% occupied with quality long term tenants on month-to-month leases. Rental delinquency is zero. Tiled living rooms, kitchens, baths, all units include washer and dryer hook-ups and are individually metered for electric. Balconies/patios and ample resident parking. Offer today!Do not disturb tenants.

Additional Information

Elementary School
Palomino Primary School
High School
Paradise Valley High School
Middle School
Greenway Middle School
School District
069 - Paradise Valley Unified District
Construction
Frame - Wood
Cooling
Electric Refrigeratd, Individual
Electric
APS, Individual Meter
Exterior Amenities
Cable TV Available, Fenced, Patio/Balcony
Finish
Painted, Stucco
Floors
Carpet, Ceramic Tile
Gas
None
Guest House SqFt
16
Heating
Electric
Interior Amenities
Vertical Blinds
New Financing
1031 Exchange, Conventional
Parking
>1 Space Per Unit, Paved Parking, Street Parking
Project Type
5 - 12 Units
Roofing
Tile
Sewer
Sewer - Public
Pool
Yes
Subdivision
Continental Plaza Unit 2 Lots 6-12
Taxes
$1,786
Tenant Pays
Cable TV, Electric
Units
7
Water
City Franchise
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty. Selling Office: Delex Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.