1950 Yale StPhoenix, AZ 85006

Property Details for 1950 Yale St

Year built

1961

Lot size

8,468.00 AC

Property size (Sq ft)

2,551 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.476

Longitude

-112.039

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