Skip To Content

2430 W Morten Avenue

Phoenix, AZ 85021
  • $390,000
  • STATUS: Active Under Contract
  • ID#: 6256309
Under Contract
UPDATED: 50 min ago
$390,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1949
County:
Area:

School Ratings & Info

Description

2430 W Morten Avenue is a garden style property consisting of (2) standalone single family homes on (1) large parcel. Both homes are 2 bedrooms / 1 bathroom, including washer/dryer hookups. Being situated on a +/-17,000 SF lot, tenants are sure to enjoy the ample private space and mature landscaping. The property offers a straightforward value add opportunity, with one unit being renovated and the other ready for rehab. Both tenants are on month-to-month leases, with room to increase rents to market levels. This property allows quick access to the I-17 and is minutes from Downtown Phoenix.

Monthly Payment Calculator



© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Luxury Group - Realty Executives Arizona Properties. Data last updated 2021-08-02T07:48:55.65.
www.luxurygroupaz.com/homes/118746090
Print Image

2430 W Morten Avenue Phoenix, AZ 85021

  • Price: $390,000
  • Status: Active Under Contract
  • Updated: 50 min ago
  • ID#: 6256309
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1949
Built
Neighborhood:
Vista Income Estates Unit 3
County:
Maricopa
Area:
Phoenix
School District:
006 - Washington Elementary District
Property Description
2430 W Morten Avenue is a garden style property consisting of (2) standalone single family homes on (1) large parcel. Both homes are 2 bedrooms / 1 bathroom, including washer/dryer hookups. Being situated on a +/-17,000 SF lot, tenants are sure to enjoy the ample private space and mature landscaping. The property offers a straightforward value add opportunity, with one unit being renovated and the other ready for rehab. Both tenants are on month-to-month leases, with room to increase rents to market levels. This property allows quick access to the I-17 and is minutes from Downtown Phoenix.
Exterior Features

Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities Green LandscapingOther (See Remarks)Partially Fenced Lot Size Dimensions 97 Ft X 181 Ft Parking >1 Space Per UnitOther (See Remarks) Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 981 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeOther (See Remarks)W/D HookupRefrigerator Cooling Central A/CSee RemarksOtherIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Heat PumpSee RemarksOtherIndividual Interior Amenities Other (See Remarks)Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 975.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 31132.80 Annual Ownr Asoc Fee 0.00 Community Amenities No PoolSee RemarksOther Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrpOther (See Remarks) Gas NoneOther (See Remarks) Gross Annual Sch Inc 32280.00 Hoa YN No Net Operating Income 23783.00 New Financing Other (See Remarks) Operating Exp 1081.00 Other Income 840.00 Owner Pays See RemarksWaterTrash CollectionSewer Project Type Duplex Sale Includes Land & BuildingOther (See Remarks) Sewer Sewer - Public Source Of Financial Data Other (See Remarks)Projected Proforma Special Owner/Agent Tax Municipality Phoenix Taxes 1081.00 Tenant Pays Cable TvOther (See Remarks)GasElectric UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.06 Water City FranchiseMaster MeterIrrigation Zoning R-3

Listing courtesy of Abi Multifamily.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Luxury Group - Realty Executives Arizona Properties. Data last updated 2021-08-02T07:48:55.65.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6256309-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6256309-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6256309-2.jpg
Logo
Luxury Group - Realty Executives Arizona Properties
6760 N Oracle Rd Suite 130
Tucson AZ, 85704