2122 E Fairmount Avenue

    Phoenix, AZ 85016
    • $4,600,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 5983835
    $4,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Description

    Each building of the Modern Retro Living is of single-story block construction with pitched roofs. The fully renovated property features in-suite laundry machines, private patios in select units, extra storage, and covered parking. The community also features attractive resort-style grounds with a large swimming pool and mature landscaping around the property.The units at the Modern Retro Living have been extensively renovated in 2016. They feature modern shaker-style cabinetry with brushed nickel hardware, new countertops with subway tile backsplashes, polished concrete flooring, full-size stainless-steel appliances with dishwashers and built-in microwaves, contemporary bathroom vanities, subway tile shower surrounded with new brushed nickel fixtures, ceiling

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Cindy & Co at My Home Group. Data last updated 2019-10-15T00:12:02.043.
    www.cindyandco.net/homes/99383621

    2122 E Fairmount Avenue Phoenix, AZ 85016

    • Price: $4,600,000
    • Status: Active
    • MLS #: 5983835
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1956
    Built
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    014 - Creighton Elementary District
    Property Description
    Each building of the Modern Retro Living is of single-story block construction with pitched roofs. The fully renovated property features in-suite laundry machines, private patios in select units, extra storage, and covered parking. The community also features attractive resort-style grounds with a large swimming pool and mature landscaping around the property.The units at the Modern Retro Living have been extensively renovated in 2016. They feature modern shaker-style cabinetry with brushed nickel hardware, new countertops with subway tile backsplashes, polished concrete flooring, full-size stainless-steel appliances with dishwashers and built-in microwaves, contemporary bathroom vanities, subway tile shower surrounded with new brushed nickel fixtures, ceiling
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 23.00 Exterior Amenities Landscape Wtr SystemGreen LandscapingCable Tv Available Lot Size Dimensions 285 X 267 Parking 1 Space/UnitCarport Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 23.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 549 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 769 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorDishwasherDisposalMicrowaveWasher/Dryer Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating ElectricCeiling Fan(S) Interior Amenities UnfurnishedFire/Smoke Alarm(S)

    Property Features

    1 Bedroom Unit Avg Rent 935.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 1192.00 2 Bedroom Units 2 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 335252.15 Annual Elec Exp 4224.00 Annual Gas Exp 0.00 Annual Ins Exp 4740.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 8790.00 Annual Legal And Acctg 0.00 Annual Maint Exp 5400.00 Annual Mgmt Exp 12840.00 Annual Other Expense 38699.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 20856.00 Community Amenities Pool(S) Cross Street Indian School & 22nd Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 329054.00 Hoa YN No Net Operating Income 257347.00 New Financing Conventional Operating Exp 104244.00 Other Income 23843.00 Owner Pays WaterSewerLandscapingPool/Spa MaintenanceOther (See Remarks) Project Type 13 - 24 Units Sale Includes Land & BuildingPool EquipmentLaundry Equipment Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Tax Municipality Phoenix Taxes 8695.00 Tenant Pays ElectricOther (See Remarks) Totl Mnth Rntal Inc 27421.00 Vacancy Allowance 0.05 Water City Franchise Zoning R-3

    Listing courtesy of Abi Multifamily.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Cindy & Co at My Home Group. Data last updated 2019-10-15T00:12:02.043.
     
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