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Sold for $583,900 on 04/15/24
  • $583,900

    3221 W Melvin St, Phoenix, AZ 85009

    8beds
    4baths
    2,500sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $551,400 Zestimate®
    $234/sqft
    $1,194 Estimated rent

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    $1,194/mo

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    $1,194/mo

    Rent Zestimate®

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    $3,252/mo

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    $3,252/mo

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    What's special

    This partially upgraded, well-maintained 4-plex offers a great opportunity for FHA buyers or long-term investors. Recent upgrades include new kitchen & bathroom finishes, fixtures, interior paint, new roof, and security lights. HVACs, water heaters, and energy-efficient windows have also been upgraded/replaced as needed. The unit mix features (4) two-bed / one-bath units. On-site parking is available for the tenants. Seller has an assumable FHA loan as financing option for the right buyer. Three units are occupied and one is currently vacant; perfect for FHA buyers. Tenants pay a monthly stipend for water, sewer, & trash. Conveniently located in West Phoenix near I-10 and I-17 Freeways.

    Zillow last checked: 8 hours ago

    Listing updated: April 16, 2024 at 08:40am

    Listed by:

    Colin Kreager 602-714-1353,

    ABI Multifamily

    Bought with:

    Tarun Chopra, SA655749000

    1st Dream Realty

    Source: ARMLS,MLS#: 6672080MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Refrigerator, Microwave
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved, >1 Space Per Unit
    • Uncovered spaces: 8
    Lot
    • Size: 6,725 sqft
    • Dimensions: 6725
    Details
    • Parcel number: 10925136A
    • Zoning: R-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco
    • Roof: Composition
    Condition
    • Year built: 1984

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: TERRA DEL SOL

    Other

    Other facts
    • Listing terms: Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Gravel, Dirt, Asphalt
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    Estimated market value
    $551,400