For Sale
$1,000,000

1950 Yale St Phoenix, AZ 85006

Fully renovated, 3-unit rental property

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Phoenix investment opportunity presents a fully renovated, three-unit multifamily property ideally situated on a spacious 8,468-square-foot lot. Built in 1961 and extensively remodeled in 2022, this single-story building boasts a total of 2,551 square feet and is zoned R-3. The property comprises three units: two featuring two bedrooms and one bathroom, and one offering three bedrooms and two bathrooms. All units are currently vacant, providing immediate income potential for the new owner. Each unit is equipped with its own washer and dryer, a covered back patio, and a front turf area. Interior features include glossy wood-look flooring, a soothing color palette, recessed lighting, fully equipped kitchens with white shaker cabinets, stainless steel appliances, quartz countertops, and stylish tile backsplashes. Bedrooms are generously sized with ample closet space and natural light. An added benefit is a shared patio with an exterior laundry area. This property's prime location in Phoenix, combined with its recent renovations and attractive features, makes it an exceptional investment opportunity. The asking price is $1,000,000, translating to $333,333 per unit and $392 per square foot. This is a rare chance to acquire a turnkey multifamily property in a desirable area.

Highlights

  • Completely renovated, three-unit building near the downtown area.
  • High-demand location with strong rental potential.
  • Excellent investment opportunity with proven rental history.
  • Modern finishes and updated systems throughout.
  • Each unit features updated kitchens and bathrooms.

Property Details for 1950 Yale St

Property type
Residential income homes
Square Feet
2,551 SF
Year Built/Renovated
1961/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
368,866,080 SF
Units
3

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.475983780713
Longitude
-112.03894638386

FAQs

What type of property is this?
Residential income home - Fully renovated, 3-unit rental property
Where is the residential income home located?
The property is located at 1950 Yale St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Completely renovated, three-unit building near the downtown area.; High-demand location with strong rental potential.; Excellent investment opportunity with proven rental history.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1950 Yale St
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