358702281183474
Address
2040 N 49Th Place Phoenix, AZ
Price
$ 1,440,000
Property Attributes
  • MLS#6103281
  • TypePending
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodOrangedale Tract 11 - 13 - 14 - 15
  • Zip85008
  • Style
  • Year Built1960
  • Taxes1590
  • Price$ 1,440,000
  • Bedrooms13
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage6162
Listing Provided Courtesy Of:
Platinum Living Realty
Property Description

49th Place is a 9-unit, two-property multifamily investment opportunity located off of 52nd Street & Thomas, surrounded by a robust collection of Central Phoenix & Scottsdale's high-profile employers. Positioned less than one mile from the Gateway + Airport employment corridors, residents will have immediate access to a dense professional core comprised of industries including aviation,high-tech manufacturing, and financial services. 49th Place also offers exceptional connectivity to the bevy of hip boutique eateries permeating the affluent Arcadia neighborhood north of the properties.Completed in 1961, 49th Place is comprised of five one-bedroom, and four two-bedroom one-bath apartment homes averaging 685-square-feet.

Price History
7/14/2020 Listed $1,440,000

General Features

1 Bedroom Units: Avg Rent 1000.00
2 Bedroom Units: Avg Rent 1225.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Other (See Remarks)
Electric SRP
Exterior Features Green Landscaping
Features Other (See Remarks)
Heating Individual
Interior Features Fire/Smoke Alarm(s), Unfurnished
Map Code/Grid P36
Net Income 79757.00
New Financing 1031 Exchange, Conventional, No Carry, Other (See Remarks)
Owner Pays Gas, Sewer, Trash Collection, Water
Parking Carport, Paved Parking
Property Type F
Public Remarks 49th Place is a 9-unit, two-property multifamily investment opportunity located off of 52nd Street & Thomas
Roof Comp Shingle
School District 031 - Balsz Elementary District
Sewer Sewer - Public
Status Pending
Subdivision ORANGEDALE TRACT 11, 13, 14, 15
Tenant Pays Electric
Water Other, See Remarks
Year Built 1960
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 5
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 618
2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 768
Appliances Included Disposal, F/S Oven/Range, Refrigerator
Floors Other (See Remarks), Vinyl/Composition
Gas SW Gas
Total Number of Units 9.00

Exterior Features

Sale Includes Laundry Equipment, Other (See Remarks)
Const - Finish Other (See Remarks)
Covered Parking Spcs 8.00
Lot Size Dimensions unknown
Total Parking Spcs 16.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85008

Price
AVG $390K
$1.44M
Taxes
AVG $2,048
$1,590
Visits
AVG 35
232
Year Built
AVG 1990
1960

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover