Phoenix, AZ 85006,1753 E HARVARD Street
Phoenix, AZ 85006,1753 E HARVARD Street
Phoenix, AZ 85006,1753 E HARVARD Street
Phoenix, AZ 85006,1753 E HARVARD Street
Phoenix, AZ 85006,1753 E HARVARD Street
Phoenix, AZ 85006,1753 E HARVARD Street
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$775,000

$795,000

2.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 09/30/2024

Key Details

Sold Price $775,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Greenfield Acres Tract 2

MLS Listing ID 6748111

Sold Date 09/30/24

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1984

Annual Tax Amount $1,286

Tax Year 2023

Lot Dimensions irr

Property Description

Discover an exceptional investment opportunity with this well-maintained garden-style property at 1753 E Harvard, featuring a total of 8 units across two contiguous fourplexes, each on separate parcels. Priced per fourplex, this offering qualifies for residential financing, making it a prime choice for savvy investors looking to capitalize on a stable income stream.

**Property Highlights:**
- **Year Built:** 1984
- **Unit Composition:** 100% 2-bedroom / 1-bath units, each with an additional office space/study room.
- **Exterior Features:** Each unit includes large front patio areas, open backyard spaces, and ample front parking.
- **Utilities:** Individually metered for electricity.
- **Additional Income Potential:** Owner-operated laundry facilities in each building and storage Discover an exceptional investment opportunity with this well-maintained garden-style property at 1753 E Harvard, featuring a total of 8 units across two contiguous fourplexes, each on separate parcels. Priced per fourplex, this offering qualifies for residential financing, making it a prime choice for savvy investors looking to capitalize on a stable income stream.

**Property Highlights:**
- **Year Built:** 1984
- **Unit Composition:** 100% 2-bedroom / 1-bath units, each with an additional office space/study room.
- **Exterior Features:** Each unit includes large front patio areas, open backyard spaces, and ample front parking.
- **Utilities:** Individually metered for electricity.
- **Additional Income Potential:** Owner-operated laundry facilities in each building and storage rooms for each unit.

**Value-Add Opportunity:**
The property presents a light value-add opportunity through interior remodels, which could enhance tenant appeal and increase rental income.

**Prime Location Benefits:**
- **Close Proximity to Phoenix Children's Hospital:** Perfect for families seeking convenient access to top-notch pediatric care.
- **Nearby Amenities:** Minutes away from Phoenix Country Club, Coronado Park, and vibrant Downtown Phoenix.
- **Transportation Access:** Easy access to Route 51 Freeway and Phoenix Sky Harbor International Airport.

This garden-style property not only offers a solid investment with its attractive unit mix and valuable features but also provides extra income potential through the owner-operated laundry facilities. With its prime location and opportunities for value enhancement, this property is an ideal addition to any real estate portfolio.

**Please Note:** Buyers are advised to verify all facts and figures. Seller financing is not available. Interior inspections will be conducted on accepted contracts only. Please drive by only and do not disturb tenants.

Location

State AZ

County Maricopa

Community Greenfield Acres Tract 2

Zoning R-3

Direction Turn South onto N 16th Street: Continue driving south for about 0.4 miles. Turn east on 16th Street Property is on the south side of the street

Interior

Heating Individual, Heat Pump

Cooling Individual, Heat Pump, Ceiling Fan(s)

Flooring Ceramic Tile

Appliance F/S Oven/Range

Exterior

Garage Paved Parking, Free, >1 Space Per Unit

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type Paved Parking, Free, >1 Space Per Unit

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise, Master Meter

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 117-06-069-J

Acceptable Financing No Carry, Conventional

Listing Terms No Carry, Conventional

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by Gerchick Real Estate
Bought with Gerchick Real Estate

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Shannon Everett

Realtor | Lic# 3002147

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