2530 E Fairmount Ave., Phoenix AZ 85016 Sold

  • $355,000 (ARV $480,000+)
  • 6 beds
  • 5 baths
  • 2521 sqft

FANTASTIC CASH FLOW!!! – WILL NOT LAST!

2530 E Fairmount Ave, Phoenix, AZ 85016

6bedroom/5bathroom

Rental Property with Multiple Dwellings -Spacious home offering tons of potential! 3/2 w/ 2 rental units 4/3 w/ 1 rental unit or 2/1 w/ 3 rental units (Studio+Bath-UNITS DO NOT HAVE KITCHENS – ONLY BATHROOMS!!!) Bonus room perfect for a den, office, craftroom & more, Updated Kitchen & Bath, Tile flooring, storage/workshop space out back w/ shared laundry room, tranquil backyard w/ sunning area, 14’ RV Gate & more! New Roof in 2005, New A/C unit in 2010, Copper Plumbing in 2005. Located in the Biltmore area, this home is the perfect investment opportunity!

House can very easily converted to whatever works best for you (several hundred dollars in cost) 3/2 w/ 2 rental units 4/3 w/ 1 rental unit or 2/1 w/ 3 rental units

Rents:

4 individual rooms/w bathrooms x $500.

2 bedroom/1bath w/kitchen (main house) has been rented for $1100/month (tenant recently vacated). Rent can be increased from $1200-$1400/month.

https://www.zillow.com/homedetails/2530-E-Fairmount-Ave-Phoenix-AZ-85016/7537917_zpid/

Occupied- Call to schedule showing appointment 602-622-0397

Comps

2514 E Fairmount Ave, Phoenix, AZ 85016 (Sold $409,000) 1,676SF – Price/Sf $244.03  4 Days on Market

2531 E FAIRMOUNT AVE, Phoenix, AZ 85016 (Active $415,000) 1593SF – Price/Sf $260.00 11 Days on Market

3028 E Earll Dr, Phoenix, AZ 85016 (Sold $415,000) 1881SF – Price/Sf $221.00 56 Days on Market

3407 N 26TH PL Phoenix, AZ 85016 (Sold $405,000) 1753SF – Price/Sf $231.00 34 Days on Market

3250 N 27TH PL Phoenix, AZ 85016 (Sold $400,000) 10 Days on Market – On Major Street

Price:
$355,000 (ARV $480,000+)
Address:
2530 E Fairmount Ave
Phoenix, AZ 85016
Square Feet:
2521
Lot Size:
7632
Bedrooms:
6
Bathrooms:
5
Terms:
For Sale
Property Type:
Home
Year Built:
1950
Const. Type:
Block

Call 602-833-7501 for more details

Property Location

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