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801 S 1st Avenue, Phoenix, AZ 85003
$605,000 Sale Pending
801 S 1st Avenue, Phoenix, AZ 85003View this property at 801 S 1st Avenue, Phoenix, AZ 85003
801 S 1st AvenuePhoenixAZ85003
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Property Description
801 S 1st Ave is a triplex situated on a corner lot in Downtown Phoenix. The mix consists of (2) 1bed/1bath and (1) 3bed/1bath units, all separate buildings that are individually metered for electricity and fenced with private yards. Plenty of parking and residents have quick access to attractions like Footprint Center, Chase Field, Roosevelt Row and all of the vibrant restaurants, bars and entertainment spaces Downtown Phoenix has to offer. This triplex presents a great opportunity for investors looking for a value add or an AirBNB, or owner-occupants wanting to generate passive income. Units were recently renovated/modernized by the seller (roof/kitchens/bedrooms/exterior/etc) but a new owner can expand on these to further optimize rents. Drive by only. Do not disturb tenants.
Full Property Details
Full Property Details for 801 S 1st Ave
General
- Price: $605,000
- Taxes: $554 (2023)
- Status: Pending
- Type: Triplex
- MLS ID: 6691116
- Updated: 4/18/2024
- Added to Site: 26 day(s) ago
Interior
- Flooring: Other
Parking
- Total Spaces: 6
- Parking Features: Free, Add'l Parking Avail, >1 Space Per Unit, Street Parking
Location
- County: Maricopa
- Township: 1N
- Subdivision: GERIGS SUB.
- Cross Streets: BUCKEYE/1ST AVE
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Wall/Window Unit(s)
- Heating Type: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 3
- Exterior Const.: Siding, Painted, Stucco, Block, Frame - Wood
- Roof: Composition
- Year Built: 1909
Lot Features
- Lot Dimensions: 7250
- Frontage: Asphalt
- Zoning: R-5
Financial Considerations
- Tax Amount: $554
- Tax Year: 2023
- Terms: Other (See Remarks)
- Owner Pays: See Remarks
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Legal Description: LOT 1 GERIGS SUB. MCR 000320
- Property ID: 112-24-001-C
- Range: 3E
- Section: 8
- Lot Number: 1
Listed by Orion Investment Real Estate
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Schools
Schools serving 801 S 1st Ave
School Districts:Phoenix Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1121 S 3rd Ave, Phoenix, AZ 85003 | PK-8 | 0.3 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 4.2 mi | |
4525 N Central Ave, Phoenix, AZ 85012 | 9-12 | 4.3 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 801 S 1st Ave
Date
Details
Price
Change
Source
4/12/2024
Listed
$605,000
232.42%
MLS
5/08/2019
Sold
$182,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 801 S 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$554
4%
$37,620
53%
2022
$535
—
$24,530
34%
2022
$535
1%
$18,270
27%
2021
$531
-1%
$14,330
27%
2020
$537
—
$11,310
14%
2019
$536
2%
$9,910
19%
2018
$527
3%
$8,350
21%
2017
$514
3%
$6,910
31%
2016
$500
8%
$5,280
7%
2015
$462
-5%
$4,930
32%
2014
$484
34%
$3,730
85%
2013
$360
—
$2,020
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 801 S 1st Ave
801 S 1st Avenue, Phoenix, AZ 85003 (MLS# 6691116) is a Triplex property with 0 bedrooms and 0 full bathrooms. 801 S 1st Avenue is currently listed for $605,000 and was received on April 12, 2024. Want to learn more about 801 S 1st Avenue? Do you have questions about finding other Triplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.