Address
2103 W Morten Avenue Phoenix, AZ
Price
$ 1,350,000
Property Attributes
  • MLS#6203350
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodVista Income Estates 2
  • Zip85021
  • Style
  • Year Built1968
  • Taxes$ 2265
  • Price$ 1,350,000
  • Bedrooms13
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage5050
Listing Provided Courtesy Of:
HomeSmart
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Great value-add with this quaint, 9 unit property in a fast improving North Phoenix neighborhood. Unit mix consists of 2 Studios - 3 One Bedrooms - 2 Two Bedrooms & 2 Two Bedrooms plus Den or could be 3rd bedroom. Property is low maintenance with steady Tenant base and offers residents a home style living experience with fenced yards, on-site Laundry and a Central courtyard. The asset has undergone substantial improvements such as new exterior paint, interior upgrades as units were turned over, and new roofs on 2 of the 3 buildings. AC units have been replaced as needed. Local commercial amenities nearby include Sprouts Farmers Market, Starbuck, LA Fitness & Fry's Market Place. Easy access to I-17. Short drive to some of the best North Central Corridor Restaurants. Great property to

Price History
3/6/2021 Listed $1,350,000

General Features

1 Bedroom Units: Avg Rent 770.00
2 Bedroom Units: Avg Rent 713.00
3 Bedrooms Units: Avg Rent 875.00
3 Bedrooms Units: Avg Sqft 800
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Cooling Individual, Window/Wall Unit
Electric APS, Individual Meter
Exterior Features Desert Landscaping, Fenced, Patio/Balcony
Features No Pool, Other (See Remarks)
Gas Y/N None
Heating Individual, Window/Wall Unit(s)
Interior Features Unfurnished
Map Code/Grid N33
Net Income 82968.00
New Financing 1031 Exchange, Conventional
Owner Pays Sewer, Trash Collection, Water
Parking 1 Space/Unit, Free
Property Type F
Roof Comp Shingle
School District 006 - Washington Elementary District
Sewer Sewer - Public
Special FIRPTA may apply
Status Active
Subdivision VISTA INCOME ESTATES 2
Tenant Pays Cable TV, Electric
Water City Franchise, Master Meter
Year Built 1968
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 3
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 650
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 750
3 Bedrooms Units: # 3 Bedroom Units 2
3 Bedrooms Units: # Baths 1
Appliances Included F/S Oven/Range
Floors Carpet
Total Number of Units 9.00

Exterior Features

Public Remarks Great value-add with this quaint
Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions 18, 200
Total Parking Spcs 9.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85021

Price
AVG $1.35M
$1.35M
Taxes
AVG $1,831
$2,265
Visits
AVG 150
286
Year Built
AVG 1977
1968

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