Multifamily For Sale

$600,000

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3121 W ALMERIA Road

  • – beds
  • – baths
  • – sqft
  • 1966 build
  • on site

Northwest Apartments is centrally located just West of downtown Phoenix. Two 4 plex's on separate parcels but need to be sold together. 3123 and 3121 W Almeria. The sale price per 4 plex is $600,000 each. $1,200,000 include includes two parcels: 108-26-107C and 108-26-108C. There are eight uncovered spaces plus ample street parking. All units are one bedroom one bath units and current rental rates are averaging 850 but room to raise to 950. Current proforma cap with raised rents are 5.5 cap. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

ARMLS logo Listing courtesy of ARMLS / Grace CRE

Last checked: Checking… • Last updated Feb 26, 2021 • Source: ARMLS

MLS# 6198047 —

Amenities & Taxes

The Building

Year Built:
1966
Construction:
Block
Construction Finish:
Painted
Total # of Units:
4.00
Project Type:
5 - 12 Units, Four Plex
Roofing:
Comp Shingle

Interior

Interior Amenities:
Unfurnished
Floors:
Concrete, Vinyl/Composition

Location

Directions:
East on McDowell, North on 32nd Ave, East on Almeria to property
Geo Latitude:
33.466597
Geo Longitude:
-112.12699
Map Code/Grid:
P33
Cross Street:
32nd Ave & McDowell

The Property

Zoning
R-4
Exterior Amenities:
Cable TV Available, Desert Landscaping
Roads/Streets:
Asphalt
Apx Lot Size Range::
7140

Listing Agent

Contact info:

Taxes

Tax Municipality:
Maricopa - COUNTY
Taxes:
$1,418

The Listing

Legal Info: Lot Number:
5

Heating & Cooling

Heating:
Ceiling Fan(s), Electric, Individual, Window/Wall Unit(s)
Cooling:
Evaporative, Individual

Utilities

Sewer:
Sewer - Public
Water:
City Franchise
Gas:
Southwest Gas
Electric:
Arizona Public Service

Appliances

Appliances Included:
Free Standing Oven/Range, Refrigerator, Washer/Dryer Hookup

Schools

Elem School Dist #:
005 - Isaac Elementary District
High School Dist #:
210 - Phoenix Union High School District

The Community

Subdivision:
Northwest Homesites 2 Blks 20 26

Parking

Parking:
1 Space/Unit, Street Parking

Extra Units

Guest House Sq Ft:
4
Average SqFt Efficiency Units:
0 Sqft
Total 1 Bedroom Units #:
4
Average SqFt 4 Bedrooms Units:
0 Sqft
Average SqFt 1 Bedroom Units:
550 Sqft
Average SqFt 2 Bedroom Units:
0 Sqft
Average SqFt 3 Bedrooms Units:
0 Sqft
# Baths for 1 Bedroom Units:
1

Schools

Rating Details
2

Esperanza Elementary School

  • Public
  • K-5
  • 0.2 mi
2

Isaac Middle School

  • Public
  • 6-8
  • 0.3 mi
3

Carl Hayden High School

  • Public
  • 9-12
  • 0.7 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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Sale history

Date Event Source Price % Change
2/23/21
Listed / Active ARMLS $600,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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3121 W ALMERIA Road
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