Skip To Content

    2945 N 38TH Street

    Phoenix, AZ 85018
    • $649,000
    • STATUS: Closed
    • ON SITE: 31 Days
    • MLS #: 6285433
    Sold - 09/20/2021
    $649,000
    SOLD - 09/20/2021
    • 6
      BEDS
    • 0.46
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,856
      SQFT
    • $227
      $/SQFT
    Type:
    Single-Family Home
    Built:
    1945
    County:
    Area:

    Description

    GREAT INVESTMENT OPPORTUNITY IN ARCADIA LITE! Multi-family home 4-unit property! Perfect for a Developer/Builder or someone wanting to build their dream home in one of the hottest neighborhoods in Phoenix! Can build 2-3 homes w/ yards on this parcel or up to 5-6 townhomes. LOTS of room to build upwards (3-story units). Could even live in one of the units and rent out the other three for income properties! **CURRENT: House is being rented for $1150/mo, Cottage/Guest $600/mo, Duplex (2 units) $550/mo ea ($1100 total). TOTAL monthly income $2850. All tenants are current on rent and on month to month leases.

    Monthly Payment Calculator



    © 2021 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 ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-09-28T20:11:36.817.
    www.yosthomes.com/homes/120888930
    Print Image

    2945 N 38TH Street Phoenix, AZ 85018

    • Price: $649,000
    • Status: Closed
    • Updated: 73 min ago
    • MLS #: 6285433
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.46
    Acres
    2,856
    SQFT
    $227
    $/SQFT
    1945
    Built
    Neighborhood:
    Citrus Acres Lots 21 Thru 60
    County:
    Maricopa
    Area:
    Phoenix
    Elementary School:
    Monte Vista Elementary School
    Middle School:
    Monte Vista Elementary School
    High School:
    Camelback High School
    School District:
    014 - Creighton Elementary District
    Property Description
    GREAT INVESTMENT OPPORTUNITY IN ARCADIA LITE! Multi-family home 4-unit property! Perfect for a Developer/Builder or someone wanting to build their dream home in one of the hottest neighborhoods in Phoenix! Can build 2-3 homes w/ yards on this parcel or up to 5-6 townhomes. LOTS of room to build upwards (3-story units). Could even live in one of the units and rent out the other three for income properties! **CURRENT: House is being rented for $1150/mo, Cottage/Guest $600/mo, Duplex (2 units) $550/mo ea ($1100 total). TOTAL monthly income $2850. All tenants are current on rent and on month to month leases.
    Exterior Features

    Carport Spaces 0.00 Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Dwelling Styles Attached Fencing Partial Fencing1 Partial Garage Spaces 0.00 Landscaping Dirt Front Pool None Pool Private No Pool Roofing Comp Shingle Slab Parking Spaces 0.00 Solar Panel Ownership Owned Spa None

    Interior Features

    Basement YN No Bedrooms Plus 7.00 Cooling Window/Wall Unit Dining Area Dining in Fr Fireplace No Fireplace Guest House Sq Ft 400.00 Heating ElectricNatural Gas Interior Levels 1 Kitchen Features Range/Oven Gas Laundry Gas Dryer HookupWshr/Dry Hookup Only Master Bathroom Full Bth Master Bdrm Separate Den Office Yes

    Property Features

    Assoc Rules Info None Association Fee Incl No Fees Builder Name Custom Cap Imprv Impact Fee 0 Cross Street 38th St. & Thomas Rd Dwelling Type Single Family - Detached Hoa YN N Horses N Land Lease Fee YN No New Financing 1031 ExchangeCashConventionalFhaVa Ownership Fee Simple Pad Fee YN No Rec Center N Sewer Sewer - Public Source Lot Sq Ft County Assessor Source Sq Ft County Assessor Special Listing Conditions N/A Tax Municipality Phoenix Tax Year 2020 Taxes 1894.00 Total Monthly Fee Equiv 0.00 Utilities ApsSrpSw Gas Water City Water

    Listing courtesy of Midland Real Estate Alliance.


    © 2021 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 ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-09-28T20:11:36.817.
     
    https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_2_6285433-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_2_6285433-2.jpg https://bt-photos.global.ssl.fastly.net/armls/orig_boomver_2_6285433-2.jpg
    Logo
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122