2610 N 24TH Street Active

Phoenix,AZ 85008

$ 1195000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Greenfield Gardens Blocks 1 Thru 5

MLS Listing ID 6662622

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1937

Annual Tax Amount $541

Tax Year 2023

Lot Dimensions irr

Property Description

The Property
🏡 **Investment Opportunity in Phoenix, AZ - Master Leased Triplex**

Welcome to 2610 N 24th St, Phoenix, AZ 85008 - a remarkable investment opportunity tailored for the savvy investor seeking hassle-free returns and long-term stability. This triplex, strategically located in the heart of Phoenix, is not just a property; it's a gateway to consistent passive income and peace of mind. See Suppliment The Property

Welcome to 2610 N 24th St, Phoenix, AZ 85008 - a remarkable investment opportunity tailored for the savvy investor seeking hassle-free returns and long-term stability. This triplex, strategically located in the heart of Phoenix, is not just a property; it's a gateway to consistent passive income and peace of mind.

**Key Features:**

= **Master Lease with an Alcohol Sobriety Company:** The property is master leased to a reputable alcohol sobriety company, ensuring a steady stream of income. With the tenant bearing all expenses except property insurance and taxes, you can enjoy hassle-free ownership while maximizing your returns.

=° **Lucrative Lease Terms:** The lease agreement secures a monthly income of $6,500, with a 5% rental increase annually, guaranteeing growth in your investment over the three-year lease period.



**Why Invest Here?**

=È **Stability and Convenience:** Enjoy the simplicity of investing with a property that offers stable returns and minimal management requirements. With the tenant handling most expenses, you can focus on reaping the rewards of your investment effortlessly.


= **Verify and Secure Your Investment:** While we provide you with comprehensive details, we encourage potential buyers to verify all facts and figures to ensure confidence in their investment decision.

Don't miss out on this exceptional opportunity to secure a prime investment property in Phoenix, AZ. Whether you're a seasoned investor or just starting, this master leased triplex offers simplicity, stability, and significant potential for growth.

Contact us today to learn more and take the first step towards building your investment portfolio!

*Disclaimer: Buyer to verify all facts and figures. Investment decisions should be made after thorough due diligence.*

Location

State AZ

County Maricopa

Community Greenfield Gardens Blocks 1 Thru 5

Zoning R-5

Direction South on 24th Street from Thomas. Property is on the west side of street

Interior

Heating Individual,Heat Pump

Cooling Individual,Heat Pump,Ceiling Fan(s)

Flooring Ceramic Tile

Appliance F/S Oven/Range,Microwave,Washer/Dryer,W/D Hookup

Exterior

Garage Paved Parking,Free,>1 Space Per Unit,Common

Community Features See Remarks,Barbecue,Golf/Putting Green,Play Area,Heated Spa(s),Spa(s),No Pool

Waterfront No

Roof Type Composition

Parking Type Paved Parking,Free,>1 Space Per Unit,Common

Total Parking Spaces 5

Building

Sewer Sewer-In & Connected,Public Sewer

Water City Franchise,Master Meter

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 117-08-112-C

Acceptable Financing No Carry,Conventional

Listing Terms No Carry,Conventional

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