I nvest in this exceptional 8-unit complex in Phoenix.

This multifamily comprises three 1-bedroom units and five studios, offering cash flow from day one. The property is fully fenced and includes one dedicated parking spot per unit. Plumbing, electrical and HVAC upgraded in 2021. Each unit has its own sub-panel inside. All 1-bedroom units feature in-unt washer/dryers, while studios utilize a shared laundry facility on-site.

With the area's high demand for affordable rentals, vacancies are rare. There's potential for adding value by replacing flooring and installing washer/dryers in rest of the units. The property's R-5 zoning allows for maximum density in multifamily development, presenting future redevelopment possibilities. DRIVE-BY ONLY. DO NOT disturb tenants. Walkthroughs available with accepted offers. Buyer to verify all information.

Request Information
on 909 S 35th Ave
in Phoenix, AZ
Presented by Ari Verma at
FATHOM REALTY .


Property MLS #6703127 from ArizonaRegionalMLS

+ Reveal additional info including schools and tax history

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+ Bathrooms

Total Bathrooms: 0

+ Appliances

BI Oven/Range
Washer/Dryer

+ Heating and Cooling

Cooling Features: Electric
Heating Features: Electric
Heating: Yes

+ Interior Features

Flooring: Ceramic Tile, Vinyl

+ Land Info

Lot Size Acres: 0.2089532
Lot Size Dimensions: 74' x 123'
Lot Size Square Feet: 9102

+ Exterior and Lot Features

Road Frontage Type: Asphalt, Sidewalk(s), Alley

+ Garage and Parking

Parking Total: 8

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

School District: Phoenix Union High School District
+ Display Complete School Details

Jack L Kuban Elementary School is a public elementary and middle school located approximately 0.4 miles away.
Map directions

Carl Hayden High School is a public high school located approximately 1.3 miles away.
Map directions

Mission Christian School is a private elementary, middle and high school located approximately 1.2 miles away.
Map directions

+ Amenities and Community Features

Community Features: Play Area, No Pool

+ Other Property Info

Annual Tax Amount: 948
Source Listing Status: Active
County: Maricopa
Tax Year: 2023
Source Property Type: Multiple Dwellings
Source Neighborhood: TIERRA VERDE
Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer
Parcel Number: 109-58-047
Postal Code Plus 4: 5501
Subdivision: TIERRA VERDE
Zoning: R-5
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$18,510 + $4,620 $23,130	$908
2020	$15,160 + $3,790 $18,950	$930
2019	$12,820 + $3,200 $16,020	$919
2018	$10,320 + $2,580 $12,900	$901
2017	$9,390 + $2,340 $11,730	$866
2016	$7,000 + $1,750 $8,750	$879
2015	$6,300 + $1,570 $7,870	$819
2014	$5,490 + $1,370 $6,860	$806
2012	$3,100 + $770 $3,870	$607
2011	$3,680 + $920 $4,600	$739
2009	$14,940 + $3,730 $18,670	$1,821
2008	$16,400 + $4,100 $20,500	$1,866
2007	$13,200 + $3,300 $16,500	$1,757

+ Reveal Property Sale History

Listed 2024-05-09
$1,390,000
ArizonaRegionalMLS

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Sold 2020-08-21
$365,000
ArizonaRegionalMLS

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Sold 1997-12-10
$60,000
Public Record

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Sold 1983-03-01
$77,488
Public Record

+ Building and Construction

Year Built: 1946
Building Exterior Type: Stucco, Block
Construction Materials: Stucco, Block
Property Age: 78
Roof: Composition, Rolled/Hot Mop

+ Utilities

Sewer: Public Sewer
Water Source: Master Meter