Address
3350 E PINCHOT Avenue, Phoenix, AZ
Price
$ 3,300,000
Property Attributes
  • MLS#6586643
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodPINCHOT 34 TOWNHOMES
  • Zip85018
  • StyleMultiple Dwellings
  • Year Built2022
  • Taxes$ 570
  • Price$ 3,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Welcome to this exceptional investment property nestled in the sought-after Arcadia area. This contemporary 5-unit townhome complex was thoughtfully designed and constructed in 2022, offering modern living spaces and a prime location that attracts tenants seeking both convenience and luxury. Each townhome features a stylish design with high-end finishes and amenities, ensuring a premium living experience for tenants. All units are fully occupied, presenting an immediate and steady income stream for the savvy investor.

Price History
7/31/2023 Listed $3,750,000
8/23/2023 3% - $3,650,000
9/12/2023 2% - $3,600,000
11/15/2023 4% - $3,475,000
1/5/2024 2% - $3,425,000
1/23/2024 4% - $3,300,000

General Features

Sewer Public Sewer
Roof Composition
Zoning R-3
Construction Materials Painted,Frame - Wood
Year Built 2022
Electric SRP
Tenant Pays Trash Collection,Electricity,Water,Sewer
Township 2N
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 207450.72
OwnerPays Landscaping
Community Features No Pool
County Maricopa
Net Operating Income 200196.0
Operating Expense 5320.0
Insurance Expense 1250.0
Property Type Multiple Dwellings
Attached Garage Yes
MaintenanceExpense 1000.0
Subdivision Name PINCHOT 34 TOWNHOMES
Garage Y/N Yes
Status Active
City Phoenix
Buyer Agent Compensation 2.00
Disclosures None
View Y/N No
High School District Phoenix Union High School District
Open Parking Spaces 10.0
Total Units 5
Lot Size Square Feet 0.0
Carport Y/N No
Street Name PINCHOT
Tax Annual Amount 570.0
Lease Renewal Y/N No
Additional Parcels Y/N Yes
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 206
Standard Status Active
Occupancy Description Tenant
Elementary School District Creighton Elementary District
Tax Lot 1
Cap Rate 5.85
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community None

Interior Features

Flooring Carpet,Vinyl,Concrete
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Parking Features Attached,>1 Space Per Unit
Water Source Individual Meter
Total Parking 20.0
Lot Size Area 0.0
Number of Buildings 1
Spa No
Lot Dimensions 14996 square feet
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 10.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85018

Price
AVG $2.17M
$3.3M
Taxes
AVG $4,252
$570
Visits
AVG 211
116
Data Provided by Inside Real Estate®
Year Built
AVG 1972
2022

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