3240 E PINCHOT Avenue $7,500,000

    Close

    3240 E PINCHOT Avenue Phoenix, AZ 85018

    Active

    $7,500,000

    Request Info
    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 5910935
    Favorite Share
    Views: 556 Days On Market: 312

    Go Tour This Home

    Schedule A Showing

    Property Details

    Take a look at this new construction opportunity to own 18 single family rental attached and detached homes that are also individually platted in an urban infill location in Phoenix! Close to shopping, offices, and many more amenities that the Arcadia Lite area has to offer. Construction has started and the project is currently marketed for single family home buyers. Act quickly if you are interested to own a new construction single family rental portfolio in Phoenix!MODEL HOMES are currently under construction and are projected to be finished by the end of February 2020.

    • General Features
      • Assessor Book # 127.00
      • Assessor Map # 31.00
      • Assessor Number 127-31-032
      • Assessor Parcel # 32.00
      • Community Amenities Pool(s), Heated Spa(s), Barbecue Area(s)
      • County Maricopa
      • Covered Parking Spcs 0.00
      • Cross Street 32nd St and Thomas
      • Directions North on 32nd St from Thomas Rd. Turn right onto E Pinchot Ave. Property will be on the left.
      • Gas None
      • List Date 2019-04-12
      • Marketing Name Gifford Groves
      • New Financing Conventional
      • Parking Garage, Free, >1 Space Per Unit, Add'l Parking Avail
      • Project Type Duplex, Four Plex, 13 - 24 Units
      • Roofing Error: ClassID in tblMLSFieldPropertyType is null.
      • Subdivision VALENCIA ACRES
      • Tax Municipality Phoenix
      • Tax Year 2018
      • Taxes $5,816
      • Total Units 18.00
      • Type ER
      • Uncvrd Parking Spcs 4.00
      • Year Built 2019
      • Zoning R-3
    • Building Features
      • Construction Frame - Wood
      • Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
      • Floors Carpet, Ceramic Tile
      • Cooling Electric Refrigeratd
      • Heating 2 or More Units, Electric
      • Interior Amenities Drapes, Vertical Blinds
    • Room Features
      • # 1 Bedroom Units 0
      • 1 Bedroom Units: Avg Rent 0.00
      • 1 Bedroom Units: Avg SqFt 0
      • 1 Bedroom Units: # Baths 0
      • # 2 Bedroom Units 0
      • 2 Bedroom Units: # Baths 0
      • 2 Bedroom Units: Avg Rent 0.00
      • 2 Bedroom Units: Avg SqFt 0
      • # 3 Bedroom Units 10
      • 3 Bedroom Units: Avg SqFt 2175
      • 3 Bedrooms Units: # Baths 3
      • 3 Bedrooms Units: Avg Rent 2500.00
      • # 4 Bedroom Units 8
      • 4 Bedrooms Units: # Baths 3
      • 4 Bedrooms Units: Avg Rent 2500.00
      • 4 Bedroom Units: Avg SqFt 2175
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 25
      • Tenant Pays Electric, Cable TV
      • Ownership Fee Simple
      • Owner Pays Water, Electric, Cable TV
      • Income & Expenses: Net Operating Income 420000.00
      • Income & Expenses: Gross Annual Sch Inc 496800.00
      • Income & Expenses: Adjusted Gross Inc 457056.00
      • Legal Info: Range 3E
      • Legal Info: Lot Number 23
      • Total Parking Space 4.00
      • Number of Buildings 9
      • Electric SRP
      • Exterior Amenities Green Landscaping, Fenced, Security Light(s)
      • Lot Size Dimensions 1.4 Acres
      • Sewer Sewer - Private
      • Water Private Franchise
    • Schools
      • Elementary School Creighton Elementary School
      • High School Camelback High School
      • Middle School Creighton Elementary School
      • School District 210 - Phoenix Union High School District

    Contact

    Neighborhood

    85018 (Phoenix) Demographics

    38 Median Age
    3,472 Population Density (per sq. mile)
    52% College Educated
    $56,653 Estimated Median Income
    9,146 Estimated Total Home Owners
    7,660 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    38,587 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $520,000 Median Sales Price
    63 Homes Sold
    85 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $7,500,000
        4/12/2019 5:40:00 PM New in Database Source

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2/19/2020 1:29:12 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.