1402-1406 W Whitton Avenue, Phoenix, AZ 85013

$1,325,000

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Sold Price
$1,325,000
List Price
$1,325,000
Closing Date
Aug 08, 2023
Days on Market
25
Status
CLOSED
MLS#
6556886
City
Phoenix
Subdivision
Clarendon Square
Year Built
1949

Property Description

Built in 1949, this recently renovated 6 unit apartment community presents a unique opportunity to acquire a stabilized asset located in one of Phoenix's strongest performing submarkets. Consisting of (6) 2 bedroom, 1 bathroom floor plans, this property features updated interiors and exterior, new appliances, and modern finishes throughout, which will reduce the need for immediate capital expenditures and minimize ongoing maintenance costs. Future ownership will also be able to capitalize on strong in-place rents averaging$1,661 per unit per month. Located near the I-17 and I-10 freeways, this centralized location provides tenants easy access to many upscale shopping, dining, and entertainment options, including vibrant hubs such as Downtown Phoenix, Encanto Park, and the Melrose District

Additional Information

School District
Phoenix Union High School District
Community Features
Other, No Pool
Construction
Block
Cooling
Other
Electric
Other (See Remarks)
Flooring
Other, Vinyl
Heating
Other
New Financing
Other (See Remarks)
Parking Features
Carport
Roofing
Composition
Sewer
Other
Subdivision
Clarendon Square
Taxes
$2,671
Tax Year
2022
Units
6
Water
Other
Zoning
R-4

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Elite Partners. Selling Office: Elite Partners.

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