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**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.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 6/17/2024 | Tract | ARCADIA GROVE CONDOMINIUM |
|---|---|---|---|
| Year Built | 2005 | Community | ARCADIA GROVE CONDOMINIUM |
| Garage Spaces | 2.0 | County | Maricopa |
SCHOOLS
| Elementary School | Tavan Elementary School |
|---|---|
| Jr. High School | Ingleside Middle School |
| High School | Arcadia High School |
Price History
| Prior to Apr 2, '24 | $590,000 |
|---|---|
| Apr 2, '24 - Jun 1, '24 | $565,000 |
| Jun 1, '24 - Today | $499,000 |
Additional Details
| AMENITIES | Insurance, Maintenance Grounds, Sewer, Trash, Water |
|---|---|
| CONSTRUCTION | Brick Veneer, Stucco |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Electric |
| HOA DUES | 580|Monthly |
| INTERIOR | Elevator, Granite Counters, High Speed Internet, Pantry |
| LOT | 162 acre(s) |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | ARCADIA GROVE CONDOMINIUM |
| TAXES | 2108 |
| WATER | Public |
Location
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Listed with Barrett Real Estate
The ARMLS logo indicates a property listed by a real estate brokerage other than Joe Szabo RE/MAX Fine Properties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 11/23/24 3:20 AM PST.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 11/23/24 3:20 AM PST.
This IDX solution is (c) Diverse Solutions 2024.
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