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909 S 35th Avenue, Phoenix, AZ 85009
$1,390,000
909 S 35th Avenue, Phoenix, AZ 85009View this property at 909 S 35th Avenue, Phoenix, AZ 85009
909 S 35th AvenuePhoenixAZ85009
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Property Description
Invest in this exceptional 8-unit complex in Phoenix. This multifamily comprises three 1-bedroom units and five studios, offering cash flow from day one. The property is fully fenced and includes one dedicated parking spot per unit. Plumbing, electrical, and HVAC upgraded in 2021. Each unit has its own sub-panel inside. All 1-bedroom units feature in-unit washer/dryers, while studios utilize a shared laundry facility on-site. With the area's high demand for affordable rentals, vacancies are rare. There's potential for adding value by replacing flooring and installing washer/dryers in rest of the units. The property's R-5 zoning allows for maximum density in multifamily development, presenting future redevelopment possibilities. DRIVE-BY ONLY. DO NOT disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.
Full Property Details
Full Property Details for 909 S 35th Ave
General
- Price: $1,390,000
- Taxes: $948 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 6703127
- Updated: 5/9/2024
- Added to Site: 24 day(s) ago
Interior
- Flooring: Ceramic Tile, Vinyl
Parking
- Total Spaces: 8
- Parking Features: 1 Space/Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: TIERRA VERDE
- Cross Streets: 35th Ave & Hadley St
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Master Meter
Structural Information
- # Buildings: 1
- Exterior Const.: Stucco, Block
- Roof: Composition, Rolled/Hot Mop
- Year Built: 1946
Lot Features
- Lot Dimensions: 74' x 123'
- Frontage: Asphalt, Sidewalk(s), Alley
- Zoning: R-5
Financial Considerations
- Tax Amount: $948
- Tax Year: 2023
- Terms: Conventional, 1031 Exchange
- Owner Pays: See Remarks, Gas, Electricity, Trash Collection, Water, Sewer
- Tenant Pays: See Remarks, Trash Collection, Gas, Electricity, Water, Sewer
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Legal Description: TIERRA VERDE MCR 36/21 LOT 9 EX W 40F
- Property ID: 109-58-047
- Range: 2E
- Section: 11
- Lot Number: 9
Listed by Fathom Realty
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Schools
Schools serving 909 S 35th Ave
School Districts:Murphy Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
3201 W Sherman St, Phoenix, AZ 85009 | PK-8 | 0.4 mi | |
3333 W Roosevelt St, Phoenix, AZ 85009 | 9-12 | 1.3 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 5.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 909 S 35th Ave
Date
Details
Price
Change
Source
5/09/2024
Listed
$1,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 909 S 35th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$948
4%
$56,900
47%
2022
$909
—
$38,800
48%
2022
$909
-6%
$26,300
14%
2021
$963
4%
$23,130
22%
2020
$930
1%
$18,950
18%
2019
$920
2%
$16,020
24%
2018
$901
4%
$12,900
10%
2017
$866
-1%
$11,730
34%
2016
$879
7%
$8,750
11%
2015
$819
2%
$7,870
15%
2014
$806
46%
$6,860
77%
2013
$551
—
$3,870
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 909 S 35th Ave
909 S 35th Avenue, Phoenix, AZ 85009 (MLS# 6703127) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 909 S 35th Avenue is currently listed for $1,390,000 and was received on May 09, 2024. Want to learn more about 909 S 35th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.