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Sold for $775,000 on 09/30/24
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  • $775,000

    1753 E Harvard St, Phoenix, AZ 85006

    8beds
    4baths
    2,600sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $755,400 Zestimate®
    $298/sqft
    $2,110 Estimated rent

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: September 30, 2024 at 09:29am

    Listed by:

    Linda S Gerchick 602-688-9279,

    Gerchick Real Estate

    Bought with:

    Linda S Gerchick, BR114848000

    Gerchick Real Estate

    Source: ARMLS,MLS#: 6748111MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Individual, Heat Pump
    Cooling
    • Ceiling Fan(s), Heat Pump, Individual
    Appliances
    • Included: Free-Standing Range, Refrigerator
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved, Free, >1 Space Per Unit
    • Uncovered spaces: 6
    Details
    • Parcel number: 11706069J
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1984

    Utilities & green energy

    • Electric: Individual Meter
    • Sewer: Public Sewer
    • Water: Master Meter, City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: GREENFIELD ACRES TRACT 2

    Other

    Other facts
    • Listing terms: No Carry,Conventional
    • Ownership: Fee Simple
    Sell with ease on Zillow
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    $755,400
    2% more+$15,108
    With Zillow Showcase(estimated)$770,508