2124 W AUGUSTA Avenue Active

Phoenix,AZ 85021

$ 855000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Vista Income Estates 2

MLS Listing ID 6854236

Maintenance Fees $1,668

Year Built 1947

Annual Tax Amount $736

Tax Year 2024

Lot Dimensions irr

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Fully Remodeled Triplex - Turnkey units with luxury upgrades and modern finishes throughout
Combine for 7 Units - Buy adjacent 4-plex (2122 W Augusta) for a total of 7 income-producing units
Residential Financing Eligible - Two parcels allow for conventional or DSCR loan options
$500K+ in Capital Improvements - Major upgrades already completed—save time and money
Strong Tenant Base - 100% leased with immediate cash flow and rental upside
Energy Efficient Upgrades - Dual-pane windows, new hot water heaters, and updated doors
High-End Interiors - Quartz countertops, stainless steel appliances, wood-like tile floors
Private Outdoor Space - Smooth stucco exterior and rear unit backyards boost tenant appeal
Bonus Storage Income - Two storage units onsite create additional revenue Own Your Piece of Phoenix: Fully Remodeled Triplex Multifamily Opportunity!
Location, Luxury, and Investment Potential Await!

Discover a rare opportunity to own a fully remodeled and leased triplex apartment building nestled in the vibrant heart of North Phoenix. This property (with 2122 W Augusta 4 PLEX available as well) spans two parcels, making it eligible for residential financinga unique advantage for savvy investors and homeowners alike. You could own a total of 7 units with 2 loans and 25% down. Also, available to use a DSCR Loan!

Key Features:
- Modern Interiors: Recently upgraded with fresh paint, wood-like tile flooring, and spacious living/dining areas.
- Energy Efficiency:New dual pane windows, doors, and hot water heaters enhance comfort and reduce utility costs.
- Gourmet Kitchens: Featuring ample cabinets, luxurious quartz countertops, and sparkling stainless steel appliances.
- Comfortable Living: Bedrooms flooded with natural light, upgraded ceiling fans, and walk-in closets.
- Upscale Bathrooms: Completely renovated to offer modern comfort and style.
- Exterior Appeal: Even and smooth stucco finish, with private backyards for the rear units.
- Additional Income Potential: Includes two onsite storage rooms, offering extra revenue streams.

Prime Location:
Located in North Phoenix, where historic charm meets trendy establishments. Enjoy proximity to renowned restaurants, shopping centers, and convenient access to major transportation routes.

Investment Highlights:
- Fully leased with immediate income generation.
-Capital Expenses have been taken care of with over 500K in improvements
- Ideal for residential financing, maximizing investment opportunities.
- Potential for continued growth in a thriving rental market.

Don't Miss Out!

Seize this exceptional opportunity to own a meticulously remodeled 7-unit multifamily property in one of Phoenix's most sought-after neighborhoods. Whether you're looking to invest or searching for a stylish home with income potential, this property promises unmatched value. The price above is for the Triplex only.
Act Now!

Disclaimer: Buyer to verify all facts and figures.
Investment and residential financing subject to lender approval. All information deemed reliable but not guaranteed.

Location

State AZ

County Maricopa

Community Vista Income Estates 2

Zoning [R-3] Multiple

Direction Turn south from Northern. At Augusta turn east and property is on the north side of the street

Interior

Heating Individual,Heat Pump

Cooling Ceiling Fan(s),Electric,Heat Pump,Individual

Flooring Ceramic Tile

Appliance Free-Standing Range,Disposal,Dishwasher,Refrigerator,Microwave,Washer/Dryer

Exterior

Parking Features Paved,Free,Add'l Parking Avail,1 Space/Unit,On Street

Community Features Other,See Remarks,No Pool

Roof Type Composition

Building

Sewer Public Sewer

Water Master Meter,City Franchise

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 157-21-016-D

Acceptable Financing No Carry,Conventional,FHA,VA Loan

Listing Terms No Carry,Conventional,FHA,VA Loan

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