3024 N 39th Street

Phoenix, AZ, 85018

$4,350,000

$4,350,000
Active
Active
 - For Sale
property_type
Multi-family
calendar
Built 1957
Tower Villa is a 14-unit apartment community located in the Arcadia Lite neighborhood just south of the 39th Street and Earll Drive intersection, an area defined by its centrality among the high-profile professional & lifestyle prospects of the Camelback, Innovation, and 44thStreet/Gateway Corridors. Positioned between bustling downtown Phoenix, burgeoning midtown, and the posh communities of Arcadia and Biltmore, Tower Villa achieves an optimal balance between live, work, and play.Developed in 1957, the property offers 10 one- and 4 two-bedroom units, with a total average unit size of 771 square feet. Future ownership will have the luxury of acquiring a turn-key asset with immediate cash flow, while also having room for rent growth as turnover provides the ability to mark to market.
MLS® ID:
6389753
Updated:
8/18/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Window/Wall Unit
Heating
Wall Furnace

Exterior/Building Features

Lot Size
15 ft² lot
Exterior Features
Fenced, Green Landscaping, Patio/Balcony
Roof
Comp Shingle
Sewer
Sewer - Public

School Information

High School
210 - Phoenix Union High School District
Elementary School
014 - Creighton Elementary District

Other Property Details

Taxes
$7763
Tax Frequency
per YEAR
Garage
No
Parking
1 Space Per Unit
Parking Total
24.0
View
N
County
Maricopa
Water Source
Master Meter
Pool
No
Zoning
R-3

 

Courtesy of Marcus & Millichap

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Karas Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 Arizona Regional Multiple Listing Service. All rights reserved.

Data Last Updated: 3:51 PM UTC, 8/18/22.

Contact