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2989 N 44th Street

Phoenix, AZ 85018

3 beds
2 baths
1,648 sqft
162 sqft lot
$302 per sqft
2005 build
– on site

**Investor Special Property with Tenants in Place** Welcome to an exceptional investment opportunity! This property offers a unique blend of immediate rental income and promising potential for future value appreciation. Here's a brief overview: **Location:** Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants, and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. **Property Type:** This property is meticulously designed to offer comfort and functionality. **Tenant Situation:** Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity. **Investment Potential:** With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there's ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends. **Financials:** Detailed financial information, including current rental income, expenses, and potential return on investment, will be provided upon request to serious investors. **Opportunity for Growth:** Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation. **Conclusion:** With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don't miss out on the chance to secure a solid investment in a prime location.

Listing courtesy of ARMLS / Barrett Real Estate

Last checked: Checking… • Last updated Aug 25, 2024 •

MLS# 6676265 —

The Building

Year Built:

2005
Builder Name:

unk
New Construction:

No
Construction Materials:

Brick Veneer, Stucco, Frame - Wood
Roof:

Concrete
Basement:

false
Basement:

No
Direction Faces:

None
Common Walls:

Neighbor Above, End Unit
Exterior Features:

Balcony, Covered Patio(s)
Patio And Porch Features:

None

Interior

Interior Features:

9+ Flat Ceilings, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
Furnished:

None
Flooring:

Carpet, Tile
Fireplace:

false
Fireplaces Total:

None
Fireplace Features:

None

Room Dimensions

Living Area:

1648.0
Living Area Source:

County Assessor
Living Area Units:

None

Location

Cross Street:

44th Street and Thomas Rd
Near Bus Stop:

true

The Property

Property Type:

Residential
Property Subtype:

Apartment Style/Flat
Lot Size Area:

162.0
Lot Size SqFt:

162.0
Lot Size Dimensions:

None
Lot Size Units:

Square Feet
Lot Size Source:

Assessor
Parcel Number:

127-05-118
Fencing:

Wrought Iron
Horse:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

2033
Tax Map Number:

5.00
Tax Book Number:

127.00
Tax Annual Amount:

2108.0
Tax Legal Description:

LOT 2033 ARCADIA GROVE CONDOMINIUM MCR 057912

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

None
Half Baths:

None
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Electric
Heating:

No
Cooling:

No
Cooling:

Refrigeration

Utilities

Sewer:

Public Sewer
Water Source:

City Water

Appliances

Appliances:

None

Schools

Elementary School:

Tavan Elementary School
Elementary School District:

Scottsdale Unified District
Middle Or Junior School:

Ingleside Middle School
High School:

Arcadia High School
High School District:

Scottsdale Unified District

The Community

Subdivision Name:

ARCADIA GROVE CONDOMINIUM
Senior Community:

No
Community Features:

Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Clubhouse, Fitness Center
Pool Private:

false
Pool Features:

None
Spa Features:

None
Pets Allowed:

None
Association:

true
Association Amenities:

Management, VA Approved Prjct
Association Fee Includes:

Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior
Association Fee:

580.0
Association Fee Frequency:

Monthly

Parking

Garage:

No
Garage Spaces:

2.0
Attached Garage:

No
Covered Spaces:

2.0
Parking Total:

None

Monthly cost estimate

Asking price

$499,000

Expense	Monthly cost
Mortgage	$2,671
Taxes	$175
Insurance	$137
HOA fees	$580
Utilities	$161 See report
Total	$3,724/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/1/24 Jun 1, 2024	Price Changed	ARMLS	$499,000	-11.7%
4/2/24 Apr 2, 2024	Price Changed	ARMLS	$565,000	-4.2%
3/12/24 Mar 12, 2024	Listed / Active	ARMLS	$590,000

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This condo located in Camelback East, Phoenix, AZ 85018 is currently for sale for $499,000. 2989 N 44th Street is a 1,648 square foot condo with 3 beds and 2 baths that has been on Estately for 237 days. 2989 N 44th Street is in the Camelback East neighborhood of Phoenix and has a WalkScore® of 71, making it very walkable. This condo is in the attendance area of Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

Listing Courtesy of: ARMLS and Barrett Real Estate.

This ARMLS logo indicates a property listed by a real estate brokerage other than Estately, Inc. © 2024 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 information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Estately assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This property listing is offered without respect to any protected classes in accordance with the law.