Sandra Newbould
BEDS0
BATHS
MLS#6997176
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWEST IDLEWILDE
SCHOOLPhoenix Union High School District
Property Description
1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Natural Gas
Roof Type: Composition
Taxes: $4,003
Year Built: 1964
Feature Descriptions
Community Features: No Pool
Days on Site: 61
Exterior: Sidewalk(s)
Exterior: Block, Wood Frame, Painted
Parking: Carport, On Street
Sewer: Sewer-In & Connected
Water: City Franchise
Local Schools
High School: North High School
Middle School: Longview Elementary School
Elementary School: Longview Elementary School
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: Matthews Real Estate Investment Services
Agency Phone: 310-388-0788
Shown By
Agent Name: Sandra Newbould
Agent Phone: (623) 910-1936
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 5,242.19 per month $4,339.85 Principal & Interest $333.58 Property Tax $568.75 Homeowner's InsuranceChange Payment Information
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1021 E Fairmount Avenue | MLS# 6997176
This multi-family property located at 1021 E Fairmount Avenue, Phoenix, AZ 85014 is currently listed for sale with an asking price of $1,950,000. E Fairmount Avenue is located within the Phoenix Union High School District school district. Search Phoenix real estate on snewbould.arizonabest.com today.