4118 N 3RD Avenue new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85013
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Indian Park
MLS Listing ID 6937740
Year Built 1952
Annual Tax Amount $1,161
Tax Year 2024
Lot Dimensions 112x66
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
4118 N 3rd Ave is a 3-unit apartment community located in the Midtown Submarket of Phoenix, Arizona. Originally constructed in 1952, the property has undergone significant capital improvements over recent years, including interior updates, brand new plumbing system with 100% PEX , newer roof, water heaters, upgraded electrical, and added private fencing. The building consists of (3) one-bedroom, one-bathroom floor plans and a covered parking spot for each unit. Each unit is currently occupied at below market rents, allowing for considerable rental upside. New ownership acquire a renovated and well-performing asset with near-term upside in a highly desirable and centralized location along the Central Avenue Corridor.
Location
State AZ
County Maricopa
Community Indian Park
Area Maricopa
Zoning R4
Interior
Heating Heat Pump,Electric
Cooling Central Air,Ceiling Fan(s),Electric,Heat Pump,Individual
Flooring Ceramic Tile
Appliance Disposal,Refrigerator,Free-Standing Electric Oven
Exterior
Parking Features Add'l Parking Avail,1 Space/Unit,Carport
Community Features See Remarks,No Pool
Roof Type Composition
Private Pool No
Building
Sewer Sewer-In & Connected,Public Sewer
Water Master Meter,City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 155-32-058
Acceptable Financing Conventional
Disclosures Seller Prop Disc Stm
Listing Terms Conventional