2989 N 44TH Street #2033 Active

Phoenix,AZ 85018

$ 499000

3 Beds

2 Baths

1648 SqFt


Key Details

Property Type Condo

Sub Type Apartment Style/Flat

Listing Status Active

Purchase Type For Sale

Square Footage 1,648 sqft

Price per Sqft $302

Subdivision Arcadia Grove Condominium

MLS Listing ID 6676265

Bedrooms 3

HOA Fees $580/mo

HOA Y/N Yes

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2005

Annual Tax Amount $2,108

Tax Year 2023

Lot Size 162 Sqft

Property Description

**Investor Special Property with Tenants in Place**

Welcome to an exceptional investment opportunity! This property offers a unique blend of immediate 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 prime location.

Location

State AZ

County Maricopa

Community Arcadia Grove Condominium

Rooms

Other Rooms Great Room

Den/Bedroom Plus 4

Separate Den/Office Y

Interior

Interior Features 9+ Flat Ceilings,Drink Wtr Filter Sys,Elevator,Fire Sprinklers,No Interior Steps,Pantry,Full Bth Master Bdrm,Separate Shwr & Tub,High Speed Internet,Granite Counters

Heating Electric

Cooling Refrigeration

Flooring Carpet,Tile

Fireplaces Number No Fireplace

Fireplaces Type None

Fireplace No

SPA None

Exterior

Exterior Feature Balcony,Covered Patio(s)

Garage Spaces 2.0

Garage Description 2.0

Fence Wrought Iron

Pool None

Community Features Gated Community,Community Spa Htd,Community Spa,Community Pool Htd,Community Pool,Near Bus Stop,Clubhouse,Fitness Center

Utilities Available SRP

Amenities Available Management,VA Approved Prjct

Waterfront No

Roof Type Concrete

Private Pool No

Building

Story 3

Builder Name unk

Sewer Public Sewer

Water City Water

Structure Type Balcony,Covered Patio(s)

Schools

Elementary Schools Tavan Elementary School

Middle Schools Ingleside Middle School

High Schools Arcadia High School

School District Scottsdale Unified District

Others

HOA Name Arcadia Grove COA

HOA Fee Include Roof Repair,Insurance,Sewer,Maintenance Grounds,Street Maint,Trash,Water,Roof Replacement,Maintenance Exterior

Senior Community No

Tax ID 127-05-118

Ownership Condominium

Acceptable Financing Conventional,VA Loan

Horse Property N

Listing Terms Conventional,VA Loan

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