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1021 E FAIRMOUNT Avenue

Phoenix, AZ 85014

Phoenix, AZ 85014

1021 E FAIRMOUNT Avenue

$1,895,000

MLS#: 6997176

Status: Active

Listing provided by: Matthews Real Estate Investment Services

Listing agent phone: None

Last update: 18 days ago

On site: 7 months ago

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WEST IDLEWILDE - Residential Income

About

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

Property

Beds

13

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    13

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Carport, On Street, Garage

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,895,000

  • Tax Amount

    $4,003

  • Financing Options

    Conventional, 1031 Exchange, Cash

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Osborn Elementary District

  • Middle School

    Longview Elementary School

  • High School

    North High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Osborn Elementary District

  • Middle School

    Longview Elementary School

  • High School

    North High School

Listing Courtesy of Bradley Skenderian, Matthews Real Estate Investment Services

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Tammy Isabell

Tammy Isabell

Agent / Realtor®

Call Tammy today to schedule a private showing.

Phone (520) 210-1562

Email Tammy@MandyGoldTeam.com


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1021 E FAIRMOUNT Avenue

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