Melinda Muller
REALTOR®, CRS, CLHMS, CSP
BEDS0
BATHS
MLS#6974495
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenixs most dynamic growth areas. This listing is part of a 21-unit package.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric, Ceiling Fan(s)
Heating: Forced Air
Roof Type: Composition
Taxes: $2,210
Year Built: 1945
Feature Descriptions
Community Features: See Remarks
Days on Site: 139
Exterior: Block, Painted
Parking: Paved, >1 Space Per Unit
Water: City Franchise
Listed By / Shown By
Listed By
Agency Name: Platinum Realty Group
Agency Phone: 602-920-9737
Shown By
Agent Name: Melinda Muller
Agent Phone: (480) 980-5213
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 5,207.62 per month $4,441.40 Principal & Interest $184.17 Property Tax $582.06 Homeowner's InsuranceChange Payment Information
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3016 N 37 Street | MLS# 6974495
This multi-family property located at 3016 N 37 Street, Phoenix, AZ 85018 is currently listed for sale with an asking price of $1,995,624. Search Phoenix real estate on mmuller.arizonabest.com today.