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1031_e_fairmount_ave_18
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1031_e_fairmount_ave_08

WEST IDLEWILDE

Property • Multiple Dwellings
Web ID # 6997176

$1,950,000.00

0 Beds • 0 Baths
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Property Features
  • No Pool
  • Wood Frame
  • Painted
  • Block
  • None
  • Sidewalk(s)
  • Natural Gas
  • On Street
  • Carport
  • Composition
  • City Franchise
  • Other (See Remarks)
  • Conventional
  • 1031 Exchange
  • Arizona Regional Multiple Listing Service (ARMLS)

    1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.


    Dwelling Type: Multiple Dwellings
    Subdivision: WEST IDLEWILDE
    Year Built: 1964, County: US

    Listing is courtesy of Matthews Real Estate Investment Services

    Kalim Qamar
    Kalim Qamar
    License
    888-313-0001
    kalim@usMetroRealty.com

    Contact

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