The Property Investment Opportunity in Phoenix

AZ - Master Leased Triplex Welcome to 2610 N 24th St, Phoenix, AZ 85008 - a remarkable investment opportunity tailored for the savvy investor seeking hassle-free returns and long-term stability. This triplex, strategically located in the heart of Phoenix, is not a property; t's a gateway to consistent passive income and peace of mind. See Suppliment The Property < Investment Opportunity in Phoenix, AZ - Master Leased Triplex Welcome to 2610 N 24th St, Phoenix, AZ 85008 - a remarkable investment opportunity tailored for the savvy investor seeking hassle-free returns and long-term stability. This triplex, strategically located in the heart of Phoenix, is not a property; it's a gateway to consistent passive income and peace of mind. Key Features: = Master Lease with an Alcohol Sobriety Company: The property is master leased to a reputable alcohol sobriety company, ensuring a steady stream of income. With the tenant bearing all expenses except property insurance and taxes, you can enjoy hassle-free ownership while maximizing your returns. = Lucrative Lease Terms: The lease agreement secures a monthly income of $6, 500, with a 5% rental increase annually, guaranteeing growth in your investment over the three-year lease period. < Exceptional Amenities: Step into a tranquil oasis boasting an exceptional courtyard adorned with a spa, BBQ area, firepit and a putting green. This meticulously designed space enhances the property's appeal and ensures tenant satisfaction. < Tasteful Decor and High Success Rate: Every detail of this property has been carefully curated, offering a decorated environment that contributes to its high success rate. Experience the simplicity of investing with a property that not meets but exceeds expectations. Why Invest Here? = Stability and Convenience: Enjoy the simplicity of investing with a property that offers stable returns and minimal management requirements. With the tenant handling most expenses, you can focus on reaping the rewards of your investment effortlessly. < Residential Loan Eligibility: Unlike many commercial properties, this triplex is eligible for residential loans, making financing more accessible and convenient for potential investors. = Verify and Secure Your Investment: While we provide you with comprehensive details, we encourage potential buyers to verify all facts and figures to ensure confidence in their investment decision. Don't miss out on this exceptional opportunity to secure a prime investment property in Phoenix, AZ. Whether you're a seasoned investor or starting, this master leased triplex offers simplicity, stability and significant potential for growth. Contact us today to learn more and take the first step towards building your investment portfolio!

Disclaimer: Buyer to verify all facts and figures. Investment decisions should be made after thorough due diligence.

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on 2610 N 24th St
in Phoenix, AZ
Presented by Linda Gerchick at
Gerchick Real Estate.


Property MLS #6662622 from ArizonaRegionalMLS

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+ Bathrooms

Total Bathrooms: 0

+ Appliances

F/S Oven/Range
Microwave
Washer/Dryer
W/D Hookup

+ Heating and Cooling

Cooling Features: Individual, Heat Pump, Ceiling Fan(s)
Heating Features: Individual, Heat Pump
Heating: Yes

+ Interior Features

Flooring: Ceramic Tile

+ Exterior and Lot Features

Road Frontage Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)

+ Land Info

Lot Size Dimensions: irr

+ Garage and Parking

Parking Total: 5

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

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

William T Machan Elementary School is a public elementary and middle school located approximately 0.3 miles away.
Map directions

Camelback High School is a public high school located approximately 2 miles away.
Map directions

Phoenix Christian School PreK-8 is a private elementary and middle school located approximately 0.3 miles away.
Map directions

+ Amenities and Community Features

Community Features: Barbecue, Golf/Putting Green, Play Area, Heated Spa(s), Spa(s), No Pool

+ Other Property Info

Annual Tax Amount: 541
Source Listing Status: Active
County: Maricopa
Directions: South on 24th Street from Thomas. Property is on the west side of street
Tax Year: 2023
Source Property Type: Multiple Dwellings
Source Neighborhood: GREENFIELD GARDENS BLOCKS 1 THRU 5
Parcel Number: 117-08-112-C
Postal Code Plus 4: 1846
Subdivision: GREENFIELD GARDENS BLOCKS 1 THRU 5
Zoning: R-5
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-02-11
$1,450,000
ArizonaRegionalMLS

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Listing removed 2023-12-01
$1,695,000
PrescottArea

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Listing removed 2023-10-09
$1,695,000
PrescottArea

+ Building and Construction

Year Built: 1937
Building Exterior Type: Painted, Stucco, Adobe, Frame - Wood
Construction Materials: Painted, Stucco, Adobe, Frame - Wood
Property Age: 87
Roof: Composition

+ Utilities

Sewer: Sewer-In & Connected, Public Sewer
Water Source: City Franchise, Master Meter