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Michelle Quackenbush

Lucky Duck Realty

azbrokeronline@gmail.com +1(602) 999-2627

$ 850,000

Est. payment -/mo

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Active

2231 N 25TH Place Phoenix, AZ 85008

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Vel Ru

MLS Listing ID 6818128

Maintenance Fees $3,000

Year Built 1948

Annual Tax Amount $2,002

Tax Year 2024

Lot Dimensions 144 x 50

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Investment Opportunity: Four on 25th
This is an amazing opportunity to own a triplex and a single-family home on one lot, qualifying for FHA, VA, and conventional financing - a rare find for investors and owner-occupants alike!
Property Details: Single-Family Home:
3 Bedrooms | 1.5 Bathrooms
Central A/C
Washer & Dryer Hookups
Triplex Units:
Three (3) Two-Bedroom, One-Bath Units
Each unit has washer & dryer hookups
Individually metered for electricity
Recent exterior paint. Investment Highlights:
Below-Market Rents - Significant upside potential to increase returns
Great Location - Centrally located in Phoenix, near freeways & residential neighborhoods
Recently appraised at $850,000
Fully Separately Metered - Tenants pay their own electricity
Versatile Financing Options - FHA, VA, and conventional financing eligible. All facts and figures are approximate. Buyer to verify MLS information. Drive-by only. Please do not disturb tenants.

Location

State AZ

County Maricopa

Community Vel Ru

Zoning R-4

Interior

Heating Other, See Remarks

Cooling Central A/C

Flooring Other, Ceramic Tile, Concrete

Appliance Other (See Remarks), None

Exterior

Parking Features Paved Parking

Community Features No Pool

Roof Type See Remarks,Composition,Rolled/Hot Mop

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Monte Vista Elementary School

Middle Schools Biltmore Preparatory Academy

High Schools Alhambra High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 120-37-048

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Listed by Grace CRE

Michelle Quackenbush

Agent

+1(602) 999-2627

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