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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$849,000

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Cardinal Tract

MLS Listing ID 7014168

Year Built 1961

Annual Tax Amount $1,508

Tax Year 2025

Lot Dimensions 8964 sqft

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Fully renovated and vacant 3-unit apartment community located in the desirable East Phoenix Submarket. Originally built in 1961, the property has undergone comprehensive interior + exterior upgrades, positioning it as a turnkey investment in a strong rental submarket. Interior upgrades include in-unit GE washer/dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in tile showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing curb appeal and while minimizing future capital needs. Each unit is currently fully vacant, providing a great opportunity for either an owner-occupant or investor to immediately implement a tailored leasing strategy. Owner/Agent

Location

State AZ

County Maricopa

Community Cardinal Tract

Area Maricopa

Zoning R3

Interior

Heating Natural Gas

Cooling Electric

Flooring Concrete

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer

Exterior

Parking Features 1 Space/Unit, On Street, Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

Elementary Schools Monte Vista Elementary School

Middle Schools Monte Vista Elementary School

High Schools Camelback High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 120-22-005

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

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Listed by Matthews Real Estate Investment Services • Bradley Skenderian

NEARBY SCHOOL & BUSINESS

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3020 E YALE Street Phoenix, AZ 85008