$499,000 Price Analysis 2989 N 44th St Unit 2033Phoenix, AZ 85018 3 bed 2 bath 1,648 SqFt ($302/SqFt) 162SqFt lot. Built 2005 Listed 2024-03-12, HOA $580, Taxes $2,022 | Ⓧ USDA Ineligible due to location near Phoenix |
This property offers a unique blend of immdiate rental income and promising potential for future value appreciation. Here's a brief overview: Location: Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. Property Type: This property is meticulously designed to offer comfort and functionality. Tenant Situation: Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity.
Investment Potential: With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there's ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends. Financials: Detailed financial information, including current rental income, expenses and potential return on investment, will be provided upon request to serious investors. Opportunity for Growth: Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation. Conclusion: With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don't miss out on the chance to secure a solid investment in a prim e location.
Presented by Michelle Roden at
Barrett Real Estate.
Property MLS #6676265 from ArizonaRegionalMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $24,250 + $6,060 $30,310 | $2,022 |
2020 | $23,690 + $5,920 $29,610 | $2,064 |
2019 | $22,770 + $5,690 $28,460 | $1,987 |
2018 | $21,100 + $5,270 $26,370 | $1,911 |
2017 | $20,020 + $5,000 $25,020 | $1,596 |
2016 | $18,010 + $4,500 $22,510 | $1,553 |
2015 | $15,740 + $3,930 $19,670 | $1,427 |
2014 | $13,360 + $3,340 $16,700 | $1,379 |
2012 | $11,640 + $2,910 $14,550 | $1,241 |
2011 | $11,640 + $2,910 $14,550 | $1,055 |
2009 | $24,480 + $6,120 $30,600 | $2,233 |
2008 | $30,720 + $7,680 $38,400 | $2,476 |
2007 | $26,880 + $6,720 $33,600 | $2,455 |
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.