3004 N 34TH Street, Phoenix, AZ 85018

$3,100,000

Property Type: Multiple Dwellings Status: Active

Current Price: $3,100,000 Last Modified: 3/04/2025

Description

Welcome to this exceptional investment property nestled in the sought-after Arcadia area. This contemporary 5-unit townhome complex was thoughtfully designed and constructed in 2022, offering modern living spaces and a prime location that attracts tenants seeking both convenience and luxury. Each townhome features a stylish design with high-end finishes and amenities, ensuring a premium living experience for tenants. All units are fully occupied, presenting an immediate and steady income stream for the savvy investor.

More Information MLS# 6829412

Contract Info

Current Price: $3,100,000 List Price: $3,100,000 Status: Active List Date: 2025-03-03 Ownership: Fee Simple

Location Tax Legal

House Number: 3004 Compass: N Street Name: 34TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 6902 Country: USA County Code: Maricopa Subdivision: PINCHOT 34 TOWNHOMES Assessor Number: 127-31-364 Tax Year: 2024

General Property Description

Lot Size Dimensions: 14996 square feet Year Built: 2022 Uncvrd Parking Spcs: 10 Total # of Units: 5 # of Buildings: 1 Zoning: R-3 Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: PINCHOT AND 34TH ST Geo Lat: 33.482487 Geo Lon: -112.00878

Status Change Info

Status Change Date: 2025-03-03

Legal Info

Township: 2N Range: 3E Section: 25 Lot Number: 1

Income Expenses

Gross Annual Sch Inc: 207450.72 Net Operating Income: 200196

Showing Notification Methods

Showing Service: Aligned Showings

3 Bedrooms Units

# 3 Bedroom Units: 5 Avg Rent: 3400 Avg SqFt: 1783 # Baths: 12

Property Features

Project Type: 5 - 12 Units Construction: Frame - Wood Const - Finish: Painted Roofing: Comp Shingle Floors: Concrete; Vinyl; Carpet Sale Includes: Land & Building Community Amenities: No Pool Appliances Included: BI Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Wall Furnace Cooling: Electric; Individual Water: Individual Meter Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking: Garage; >1 Space Per Unit; Attached Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electric; Trash Source of Fincl Data: Provided by Owner Showing Notification Methods: Phone Call Lockbox Type: None New Financing: Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: Compass

Last Updated: March - 04 - 2025

3004 N 34TH Street, Phoenix, AZ 85018 (MLS# 6829412)