$1,140,000 Price Analysis    ♡   Phoenix, AZ 85021 Unknown bed 0 bath unknown SqFt ($0/SqFt) Built 1987 Listed 2024-06-27, Taxes $1,250 | Ⓧ USDA Ineligible due to price & location near Phoenix |
Discover an incredible investment opportunity with this stunning fourplex located at 2122 W Augusta Ave
Phoenix, AZ 85021. This beautifully renovated property can be purchased using residential financing, making it accessible for both new and experienced investors. It is paired with 2124 W Augusta Ave, a triplex that can also be acquired with residential financing or alternatively, experienced investors can opt for commercial financing. Discover an incredible investment opportunity with this stunning fourplex located at 2122 W Augusta Ave, Phoenix, AZ 85021. This beautifully renovated property can be purchased using residential financing, making it accessible for both new and experienced investors. It is paired with 2124 W Augusta Ave, a triplex that can also be acquired with residential financing or alternatively, experienced investors can opt for commercial financing. #### Highlights: - Extensive Rehabilitation : Nearly half a million dollars have been invested in rehabilitating this property, ensuring top-notch quality and modern amenities. - Luxury Finishes : Every unit features luxurious quartz countertops, exuding elegance and durability. - Smooth Stucco Exterior : The building boasts a smooth stucco finish, enhancing its curb appeal and offering a sleek, modern look. - Attention to Detail : The meticulous attention to detail in the renovation process is evident, promising a luxurious living experience for tenants. #### Investment Flexibility: - Residential Financing : Suitable for new investors looking to enter the real estate market. - Commercial Financing : Experienced investors may prefer this option for potentially more favorable terms.
#### Combined Purchase Advantage: - Fully Occupied Units : When both properties (2122 and 2124 W Augusta Ave) are purchased tgether, you gain seven completely occupied units. - Exceptional Rehab Work : Both properties have undergone fabulous renovations, ensuring they are move-in ready and highly appealing to tenants. #### Additional Information: - Buyers are encouraged to verify all facts and figures to ensure complete satisfaction with the purchase. Don't miss out on this extraordinary opportunity to own a beautifully renovated triplex in a prime location. Whether you're a new investor or an experienced one, this property offers the perfect blend of luxury and practicality. The area around 21 Ave and Northern in Phoenix AZ is a bustling commercial and residential hub that offers a plethora of employment opportunities, making it a highly sought-after destination for job seekers. Some of the major employers in the area include Honeywell Aerospace, American Express and Phoenix Children's Hospital, among others. With the presence of such reputed companies, the area has a strong employment base, attracting both young professionals and seasoned workers looking for career advancement opportunities. Apart from the strong job market, the 21 Ave and Northern area is also known for its vibrant entertainment scene. There are several shopping centers, restaurants, bars and theaters in the vicinity, providing ample options for residents and visitors alike. The Metrocenter Mall, located a few miles from the area, is a popular destination for shoppers, offering a wide range of stores and dining options. Moreover, the are a boasts a diverse range of culinary offerings, with several local eateries and international restaurants. One of the major attractions of the 21 Ave and Northern area is the Phoenix Light Rail, a modern public transportation system that connects several areas of the city, including downtown Phoenix, Tempe and Mesa. The light rail has made commuting easier for residents and has helped to reduce traffic congestion in the area. Additionally, the light rail is an excellent option for visitors who want to explore the city's many attractions without having to worry about driving and parking. The area also offers several recreational opportunities, including parks, hiking trails,
Presented by Linda Gerchick at
Gerchick Real Estate.
Property MLS #6724755 from ArizonaRegionalMLS
Microwave
Washer/Dryer
Heating Features: Individual, Heat Pump
Heating: Yes
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsSource Listing Status: Active
County: Maricopa
Directions: Turn south from Northern. At Augusta turn east and property is on the north side of the street
Tax Year: 2023
Source Property Type: Multiple Dwellings
Source Neighborhood: VISTA INCOME ESTATES 2
Owner Pays: Trash Collection, Water, Sewer, Landscaping
Parcel Number: 157-21-016-C
Postal Code Plus 4: 6838
Subdivision: VISTA INCOME ESTATES 2
Zoning: [R-3] Multiple
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $18,070 + $4,510 $22,580 | $1,250 |
| 2020 | $17,290 + $4,320 $21,610 | $1,235 |
| 2019 | $13,750 + $3,430 $17,180 | $1,212 |
| 2018 | $11,350 + $2,830 $14,180 | $1,181 |
| 2017 | $11,200 + $2,800 $14,000 | $1,174 |
| 2016 | $10,490 + $2,620 $13,110 | $1,153 |
| 2015 | $8,560 + $2,140 $10,700 | $1,068 |
| 2014 | $7,260 + $1,810 $9,070 | $1,165 |
| 2012 | $4,300 + $1,070 $5,370 | $829 |
| 2011 | $4,650 + $1,160 $5,810 | $1,080 |
| 2009 | $17,450 + $4,360 $21,810 | $2,161 |
| 2008 | $20,430 + $5,100 $25,530 | $2,282 |
| 2007 | $17,520 + $4,380 $21,900 | $2,108 |
$1,140,000
ArizonaRegionalMLS
Listing removed 2024-01-12
$0
ArizonaRegionalMLS
Relisted 2023-12-11
$1,795,000
ArizonaRegionalMLS
Listing removed 2023-11-29
$0
ArizonaRegionalMLS
Relisted 2023-08-27
$1,795,000
ArizonaRegionalMLS
Listing removed 2023-08-15
$0
ArizonaRegionalMLS
Price Changed 2023-05-15
$1,795,000
ArizonaRegionalMLS
Relisted 2023-05-12
$1,800,000
ArizonaRegionalMLS
Listing removed 2023-04-26
$0
ArizonaRegionalMLS
Price Changed 2022-12-15
$1,800,000
ArizonaRegionalMLS
Price Changed 2022-12-01
$1,875,000
ArizonaRegionalMLS
Price Changed 2022-10-27
$1,900,000
ArizonaRegionalMLS
Price Changed 2022-09-28
$1,975,000
ArizonaRegionalMLS
Price Changed 2022-07-21
$2,095,000
ArizonaRegionalMLS
Price Changed 2022-03-31
$2,200,000
ArizonaRegionalMLS
Price Changed 2022-03-30
$2,250,000
ArizonaRegionalMLS
Listed 2022-02-21
$2,150,000
ArizonaRegionalMLS
Sold 2021-11-05
$850,000
Public Record
Building Exterior Type: Painted, Stucco, Block
Construction Materials: Painted, Stucco, Block
Property Age: 37
Roof: Composition
Water Source: City Franchise, Master Meter
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.