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3120 N 37TH Street, Phoenix, Arizona

$2,149,900Contract Pending

3120 N 37TH Street, Phoenix, Arizona 85018
HomeSmart - MLS® ID: 5615341

Property Details

3120 N 37TH Street, Phoenix, Arizona 85018 - INVESTMENT OPPORTUNITY - 7 Units 100% occupied. 3 bed 2.5 bath 1,680+ sq ft, most with 2 car garage. No HOA, 2017 Build, low maintenance. Tenants pay all utilities. A NNN investment with $118,600 NOI! New build means no major capital expenditures for 7-10 years. Also, units are platted as single family attached, so re-sale potential in 5-7 years can add significant residual return. Area is exploding with new infill and national builders in the area like DR Horton selling-out their infill communities. Units are close to shopping, employment, entertainment, restaurants and transportation corridors. NOTE: Seller accepting offers only for the purchase of of 14 units at this time - See MLS 5615342 for additional 7 units at 3010 N 37th St - Same design, 2017 build and 100% leased.

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Amenities

  • Zip85018
  • CountyMaricopa
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeMulti-Family
  • Zoning typeR-3
  • School districtPhoenix Union High School District
  • Elementary schoolCreighton Elementary School
  • Junior highCreighton Elementary School
  • High schoolCamelback High School
  • Year built2017
  • Lot size67 x 299
  • SewerSewer - Public
  • HeatingElectric
  • CoolingHeat Pump
  • ParkingAuto Door Opener
  • Tax amount$8,400.00
  • Office IDcril01
  • Agent IDss638
  • Agent nameSteven Skarphol
  • MLS® ID5615341

Broker: HomeSmart

Listing Courtesy of HomeSmart

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