3629 E Turney Avenue

    Phoenix, AZ 85018
    • $870,000
    • STATUS: Active
    • ON SITE: 207 days
    • MLS #: 5886108
    $870,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:
    Area:

    School Information

    Description

    Four Renovated and Furnished Units operating as a Short-Term / Vacation Rental. This fourplex offers an amazing opportunity in one of the hottest submarkets in all of Phoenix. Located in the Arcadia area, this property sits in a quaint, quiet cul-de-sac of awesome mid-century buildings. It is within walking distance / a quick bike ride (slightly over a half mile) to the original locations of both La Grande Orange and Postino, two of Arcadia's most popular destinations. It is also a short bike ride to the original location of the Madison Improvement Club and other new trendy retail developments like Campbell Commons (Chop Shop, Provision Coffee Bar) and Arcadia Place (radi8 Hot Yoga, Arcadia Meat Market, Masterpiece Donuts and Coffee, etc.).

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-09-17T00:11:12.427.
    www.thewgroupaz.com/homes/92020244

    3629 E Turney Avenue Phoenix, AZ 85018

    • Price: $870,000
    • Status: Active
    • MLS #: 5886108
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    Neighborhood:
    Camelita Villa
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Biltmore Preparatory Academy
    Middle School:
    Loma Linda Elementary School
    High School:
    Camelback High School
    School District:
    014 - Creighton Elementary District
    Property Description
    Four Renovated and Furnished Units operating as a Short-Term / Vacation Rental. This fourplex offers an amazing opportunity in one of the hottest submarkets in all of Phoenix. Located in the Arcadia area, this property sits in a quaint, quiet cul-de-sac of awesome mid-century buildings. It is within walking distance / a quick bike ride (slightly over a half mile) to the original locations of both La Grande Orange and Postino, two of Arcadia's most popular destinations. It is also a short bike ride to the original location of the Madison Improvement Club and other new trendy retail developments like Campbell Commons (Chop Shop, Provision Coffee Bar) and Arcadia Place (radi8 Hot Yoga, Arcadia Meat Market, Masterpiece Donuts and Coffee, etc.).
    Exterior Features

    Construction BlockFrame - WoodSlump Block Construction Finish Painted Covered Parking Spaces 4.00 Exterior Amenities Landscape Wtr SystemPartially FencedCable Tv AvailableSecurity Light(S) Lot Size Dimensions 12321 Survey Available Parking 1 Space/UnitCarportStreet Parking Roads Asphalt/Blacktop Roofing Foam Total Parking Spaces 4.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 750 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 950 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorDisposalWasher/Dryer Cooling IndividualHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteCeramic TileOther (See Remarks) Heating Electric Interior Amenities FurnishedPartially FurnishedFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 1800.00 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 2400.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 96330.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 26647.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities Other (See Remarks)Barbecue Area(S) Cross Street 36th St And Campbell Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 100800.00 Hoa YN No Net Operating Income 66155.00 New Financing Conventional1031 Exchange Operating Exp 30205.02 Other Income 600.00 Owner Pays WaterSewerTrashLandscaping Project Type Four Plex Sale Includes Land & BuildingPersonal PropertyLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Tax Municipality Phoenix Taxes 3558.02 Tenant Pays ElectricCable Tv Totl Mnth Rntal Inc 5850.00 Vacancy Allowance 0.05 Water City Franchise Zoning R3

    Listing courtesy of Abi Multifamily.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-09-17T00:11:12.427.
     
    The W Group | Russ Lyon Sotheby's International Realty
    20909 N. 90th Place, Suite 209
    Scottsdale AZ, 85255