Excellent investment opportunity in North Phoenix featuring one 2BD/1BA and three 1BD/1BA units on a 14,810 SF lot. Zoned R-3 Multifamily Medium Density with potential to add two more units--architectural plans included upon request. Built in 1970, the 2,448 SF building offers strong value-add potential through upgrades or repositioning. Includes 4-5 covered parking spaces plus additional on-site parking. Conveniently located near Deer Valley Airpark, shopping, dining, and major transit. Ideal for investors seeking rental income, owner-occupancy, or future expansion.
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Location
1925 W VILLAGE Drive, Phoenix, AZ 85023
Status
Sold
Property Amenities
Interior
AppliancesFree-Standing Range, Refrigerator
FlooringVinyl
Area & Lot
MLS® ID6945651
Year Built1970
School DistrictDeer Valley Unified District
TypeMulti-Family
StatusSold
Exterior
Air conditioningCentral Air, Electric, Individual
Heat typeIndividual, Electric
Water SourceMaster Meter, City Franchise
SewerPublic Sewer
ParkingAddl Parking Avail, 1 Space Per Unit, On Street, Carport
RoofFoam, Rolled/Hot Mop
Finance
Sales Price$633,000
Maintenance Fee$4,000 monthly
Real Estate Tax$1,492 yearly
Phoenix
Sees more sunshine than any other metro area in the country.
With experience and expertise in multiple facets of the business have given us the skills to deal with any transaction, regardless of the type or price point.