3020 E Yale Street new

Phoenix,AZ 85008

$ 425000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Cardinal Tract

MLS Listing ID 6921245

Maintenance Fees $1,200

Year Built 1961

Annual Tax Amount $1,451

Tax Year 2024

Lot Dimensions 8964 sqft

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Centrally located triplex featuring two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The property offers functional layout and upside potential, with an asphalt driveway leading to covered parking (one space per unit) and a separate structure that includes four individual storage areas. Current gross rents total $2,255/month, well below market, with all tenants on month-to-month leases—giving new ownership immediate flexibility. Investors can buy, renovate, and re-lease to increase cash flow. TENANT OCCUPIED....do not disturb tenants.

Location

State AZ

County Maricopa

Community Cardinal Tract

Zoning R3

Direction South on 32nd St to Yale. East on Yale to property.

Interior

Heating Natural Gas

Cooling Electric

Flooring Concrete

Appliance Free-Standing Range,Disposal,Refrigerator

Exterior

Parking Features 1 Space/Unit,On Street,Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Monte Vista Elementary School

Middle Schools Monte Vista Elementary School

High Schools Camelback High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 120-22-005

Acceptable Financing Conventional,1031 Exchange

Disclosures None

Listing Terms Conventional,1031 Exchange

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