3123 W ALMERIA Road Phoenix, AZ $ 1,595,000
3123 W ALMERIA Road
$ 1,595,000
Share Save

3123 W ALMERIA Road

Phoenix, AZ, 85009
$ 1,595,000
Baths0.0

Monthly Estimate*

$ 11,142

3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 1
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 2
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 3
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 4
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 5
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 6
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 7
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 8
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 9
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 10
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 11
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 12
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 13
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 14
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 15
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 16
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 17
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 18
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 19
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 20
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 21
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 22
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 23
3123 W ALMERIA Road, Phoenix, AZ 85009 - Image 24
View a Virtual Tour
Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,595,000. This home was built in 1966.

The Property The property at 3121-3123 W Almeria Rd in Phoenix, AZ, zip code 85009, is a two-building residential complex situated on a 13,260 square feet plot of land. Zoned as R-4, it encompasses a total area of 4,416 square feet. The parcel number associated with this property is 108-26-108-C-D Comprising eight apartment units, this building offers a mix of one-bedroom accommodations. Recent rent studies suggest that the current rental rates can be increased, potentially reaching $1,250 per unit. Therefore, the property holds promising income potential and presents an attractive investment opportunity for prospective buyers.

See more

Multi-Family Active

Price

$ 1,595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,991

Style

Multiple Dwellings

Year Built

1966

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6683135

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Individual Heat Pump
Cooling Individual Heat Pump Ceiling Fan(s)
Roof Composition
Zoning R-4
Construction Materials Painted Block
Year Built 1966
Electric APS Individual Meter
Tenant Pays Gas Electricity Cable TV
Township 2N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 96106.63
Community Features No Pool
County Maricopa
Net Operating Income 72733.0
Operating Expense 23568.0
Insurance Expense 3023.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name NORTHWEST HOMESITES 2 BLKS 20-26
Garage Y/N N
Status Active
Directions East on McDowell North on 32nd Ave East on Almeria to property
City Phoenix
Buyer Agent Compensation 3.00
Disclosures Other (See Remarks) Seller Prop Disc Stm APOD/Backup Avaible Sch of Personal Prop
View Y/N N
High School District Phoenix Union High School District
Open Parking Spaces 10.0
Total Units 8
Lot Size Square Feet 0.0
Carport Y/N N
Street Name ALMERIA
Tax Annual Amount 2991.0
Water Sewer Expense 7650.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.arizonarealtours.com/2091314?idx=1
Days on Market 31
Standard Status Active
Elementary School District Isaac Elementary District
Tax Lot 5
Cap Rate 4.56
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
See more
Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
See more
Exterior
Parking Features Free >1 Space Per Unit Street Parking
Water Source City Franchise Master Meter
Total Parking 10.0
Lot Size Area 0.0
Number of Buildings 2
Spa N
Lot Dimensions irr
Lot Size Acres 0.0
Road Surface Type Asphalt Curb(s) & Gutter(s) Sidewalk(s) Alley
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 3123
See more
* Excluded Features
List By
Gerchick Real Estate

Broker

Linda@justsoldit.com

Email

Affordability Calculator

$11,391
Per Month
98%
2%
0%
Monthly Principal & Interest
$11,142
Monthly Property Taxes
$249
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$1,595,000 Listed Price

Map


See all

3123 W ALMERIA Road, Phoenix, AZ, 85009 is a Multi-Family Home for sale at $1,595,000. 3123 W ALMERIA Road is a studio with 0.0 baths and was built in 1966. The property's zip code is 85009 which is in Phoenix, AZ