1950 Yale St Phoenix, AZ 85006
- Residential income homes
- 2,551 SF
- 8,468.00 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 1950 Yale St
- Year built
- 1961
- Lot size
- 8,468.00 lot acres
- Property size
- 2,551 SF
- Property type
- Residential income homes
- APN
- 117-06-112-A
Description
This exceptional Phoenix investment opportunity presents a fully renovated, three-unit multifamily property ideally situated on a spacious 8,468-square-foot lot. Built in 1961 and extensively remodeled in 2022, this single-story building boasts a total of 2,551 square feet and is zoned R-3. The property comprises three units: two featuring two bedrooms and one bathroom, and one offering three bedrooms and two bathrooms. All units are currently vacant, providing immediate income potential for the new owner. Each unit is equipped with its own washer and dryer, a covered back patio, and a front turf area. Interior features include glossy wood-look flooring, a soothing color palette, recessed lighting, fully equipped kitchens with white shaker cabinets, stainless steel appliances, quartz countertops, and stylish tile backsplashes. Bedrooms are generously sized with ample closet space and natural light. An added benefit is a shared patio with an exterior laundry area. This property's prime location in Phoenix, combined with its recent renovations and attractive features, makes it an exceptional investment opportunity. The asking price is $1,000,000, translating to $333,333 per unit and $392 per square foot. This is a rare chance to acquire a turnkey multifamily property in a desirable area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.03894638386
- Latitude
- 33.475983780713
