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Off market
  • $301,200

    2838 W Melvin St, Phoenix, AZ 85009

    0beds
    0baths
    1,288sqft
    SingleFamily
    Built in 1931
    0.3 Acres Lot
    $301,200 Zestimate®
    $234/sqft
    $1,649 Estimated rent

    Owner options

    List your home for rent

    $1,649/mo

    Rent Zestimate®

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    $1,649/mo

    Rent Zestimate®

    Refinance and save

    $1,676/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $1,676/mo

    Est. payment

    What's special

    Looking to make easy money? You have found it! This property has space to legally add two more apartments, a savvy investor can make quick money with a flip or just enjoy the 10% CAP. Imagine the CAP with adding the extra units. PROFORMA OF $2150 ($850+$650+$650) The separate 3 bedroom home is currently undervalued and can easily get $850. All tenants in leases until May 2018! Laundry hook-up on site and just moments to shops and downtown! Seller is moving out of state and must sell fast! This won't last, contact us today!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Wall
    Cooling
    • Evaporative
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 1,288 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.30 Acres
    Details
    • Parcel number: 10927083

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • steel
    • Roof: Other
    Condition
    • Year built: 1931

    Utilities & green energy

    • Electric: APS
    • Gas: SW Gas
    • Sewer: Sewer-In & Connected, Sewer - Public

    Community & neighborhood

    Location
    • Region: Phoenix

    Other

    Other facts
    • Ownership: Fee Simple
    • Community Amenities: Other (See Remarks)
    • Exterior Amenities: Fenced
    • Gas: SW Gas
    • Interior Amenities: Unfurnished
    • Project Type: Tri-Plex
    • Sewer: Sewer-In & Connected, Sewer - Public
    • Water: City Franchise
    • Heating: Other (See Remarks)
    • Parking: Other (See Remarks)
    • Sale Includes: Land & Building
    • Construction: Frame - Wood
    • Owner Pays: Water, Trash, Gas
    • Tenant Pays: Electric
    • Source of Fincl Data: Provided by Owner
    • Const - Finish: Other (See Remarks)
    • New Financing: Other (See Remarks)
    • Other Type: House + Rental Units
    • Electric: APS
    • Tax Municipality: Maricopa - COUNTY
    • High School: Carl Hayden High School
    • Elementary School: J B Sutton Elementary School
    • Jr. High School: Isaac E Imes School
    • Tax Year: 2016
    • Ownership: Fee Simple
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    Estimated market value
    $301,200