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2326 E Pinchot Avenue, Phoenix, AZ 85016
$2,400,000
2326 E Pinchot Avenue, Phoenix, AZ 85016View this property at 2326 E Pinchot Avenue, Phoenix, AZ 85016
2326 E Pinchot AvenuePhoenixAZ85016
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Property Description
Prime Opportunity in Biltmore Corridor. 12-unit garden-style apartment complex located in great east Phoenix neighborhood. Eleven out of twelve units completely remodeled with new kitchens and baths. New Roofs on Apartments in 2022/2023. Water lines updated inside the units. Centrally located complex is ideal to add to your portfolio. Block construction with new pitched composition shingle roofs and individually metered for electricity. Additional income from leased laundry. There is room to increase rents and possibly add in unit laundry. Minutes to shopping & dining at Biltmore Fashion Park, Town and Country Mall and so much more. Easy access to the 51 Freeway, downtown Phoenix, bus transportation and employment. Do not walk property or talk to tenants. Inspection with accepted offer
Full Property Details
Full Property Details for 2326 E Pinchot Ave
General
- Sold For: $2,400,000
- HOA FEE: $3,000
- Taxes: $6,693 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 6586083
- Added to Site: 306 day(s) ago
Interior
- Flooring: Ceramic Tile, Vinyl
Parking
- Covered Spaces: 11
- Total Spaces: 11
- Parking Features: <1 Space Per Unit
Location
- County: Maricopa
- Township: 2N
- Subdivision: none
- Cross Streets: 24th Street & Indian School Road
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 3
- Exterior Const.: Painted, Block
- Roof: Composition, Rolled/Hot Mop
- Year Built: 1958
Lot Features
- Lot Dimensions: 120 x 150
- Frontage: Asphalt, Sidewalk(s)
- Zoning: m-h r4
Financial Considerations
- Maint. Fee/Month: $3,000
- Tax Amount: $6,693
- Tax Year: 2022
- Terms: Other (See Remarks), No Carry, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
- Tenant Pays: Electricity, Cable TV
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Buyer/Broker Compensation Available: Yes
- Legal Description: BEG AT PT 33'W OF NE COR S2 N2 SE4 SE4 TH S 89D 41'W 299.17'S 150.13'TO TR POB TH CONT S 150.14'N 8
- Property ID: 119-17-045-A
- Range: 3E
- Section: 27
Listed by West USA Realty
Sold by Launch Powered By Compass
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Schools
Schools serving 2326 E Pinchot Ave
School Districts:Creighton School District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
2002 E Clarendon Ave, Phoenix, AZ 85016 | PK-8 | 0.7 mi | |
4612 N 28th St, Phoenix, AZ 85016 | 9-12 | 1.6 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2326 E Pinchot Ave
Date
Details
Price
Change
Source
2/16/2024
Sold
$2,400,000
-11.11%
MLS
12/01/2023
Price Reduced
$2,700,000
-9.85%
MLS
10/11/2023
Price Reduced
$2,995,000
-6.41%
MLS
9/12/2023
Price Reduced
$3,200,000
-8.57%
MLS
7/29/2023
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2326 E Pinchot Avenue, Phoenix, AZ 85016 (MLS# 6586083) is a Multi-Family property that was sold at $2,400,000 on February 16, 2024. Want to learn more about 2326 E Pinchot Avenue? Do you have questions about finding other Multi-Family real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.