Sold
2939 N 36TH Street
Phoenix AZ, 85018
$4,800,000
Sold
Other
Built in 1981
Originally built in 1981, Avanti Estates has recently undergone extensive improvements including a new roof, resurfaced pool. 90% of the units have been updated with new flooring, appliances, bathrooms and cabinets. The addition of covered parking has allowed for additional income. 85% of the units have received new air conditioning units. The current management is in the process of turning the water, sewer, and trash over to the tenant allowing for a potential gain of 24K a year in profit. All of Avanti Estate units are metered individually for electric.
With a sales price of $5, 500,000, averaging $183,000 per unit, Avanti Estates is an outstanding opportunity for investors.
*Seller may carry with the right offer.
6533594
MLSⓇ ID
March 20, 2023
Listed
March 20, 2024
Updated
Map
2939 N 36TH Street
Phoenix AZ, 85018
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Individual, Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Roof
Foam
Sewer
Public Sewer
School Information
School District
Phoenix Elementary District
High School
Camelback High School
Elementary School
Creighton Elementary School
Other Property Details
Taxes
$13,503
Tax Frequency
Annually
Days on Market
9
Garage
No
Parking
1 Space/Unit
Parking Total
37
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
R4A
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
---|---|---|
7/4/2023 | Price Change | $4,800,000 -13% |
7/4/2023 | Sold | $4,800,000 |
5/29/2023 | Price Change | $5,500,000 14% |
5/29/2023 | Pending | — |
5/27/2023 | Price Change | $4,800,000 -13% |
5/27/2023 | Sold | $4,800,000 |
Courtesy of DeLex Realty, Staci Smedstad
Listing Contact: 602-882-3388
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kimberly Schmidt shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 10:37 PM UTC, 3/20/2024.