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8124 N 33RD Drive Phoenix, AZ 85051

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Aaron Church PLLC

aaron@retsy.com +1(602) 616-1859

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Northern Lanai Unit 1

MLS Listing ID 6848265

Maintenance Fees $1,300

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1974

Annual Tax Amount $2,197

Tax Year 2024

Lot Dimensions 82.86x110.18x60.09x15.89x191.88

Property Description

FANTASTIC 4-PLEX INVESTMENT OPPORTUNITY~ALL UNITS UPDATED~ALL HVAC's have been REPLACED in 2014 & 2025~ALL newer DUAL-PANED-WINDOWS~Building-exterior was FULLY-PAINTED in 2024 & hot-waters-heaters replaced in 2023~Property is FULLY-OCCUPIED as of list-date & some units w/LONG-TERM Tenants~2024 Q4 CAP RATE was over 6%~Building has been PROFESSIONALLY MANAGED for years~HOA is of value here at ONLY $130 per month & includes regular-yard-maintenance~EXCLUSIVE to this building is COIN-OPERATED, LAUNDRY-ROOM, which brings in monthly-other-income~OWNER through PM took PRIDE in the property w/VALUE-ADD, POTENTIAL for increased CASH-FLOW by taking advantage of this UNTAPPED, potential through improvements, monthly income could SURPASS $6k~ Front-facing, ground-floor unit is 3 bd/2 bath w/wood-look, vinyl-plank & tile flooring, wood-burning fireplace in living-room, open kitchen w/adjoining, formal dining or flex-space, slider-door leads to private, fenced, yard-area~Side-yard-facing, ground-floor unit is 2 bd/1 bath w/similar finishes & private, fenced, yard-area~Unit 3 is second-floor and is also, 2 bd/1 bath, similar finishes w/private-rear balcony & shared front-balcony~Unit 4 is second-floor and is also, 2 bd/1 bath w/similar-finishes~ALL units have storage-locker-cabinets in communal, shared, 4-car-garage & ea. unit has one-space in garage, plus there are two-additional, open-parking-spaces assigned to this building~On-site, coin-operated laundry room, provides Owner w/additional monthly-other-income~

Location

State AZ

County Maricopa

Community Northern Lanai Unit 1

Zoning R-5

Direction North on 33rd Ave., to Harmont, West to 33rd Dr., property on West side

Interior

Heating Individual, Heat Pump, Electric

Cooling Electric, Individual

Flooring Ceramic Tile, Vinyl

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave

Exterior

Parking Features Paved, Assigned, Add'l Parking Avail, Garage Door Opener, 1 Space/Unit, On Street

Community Features No Pool

Roof Type Composition

Total Parking Spaces 6

Garage Yes

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Washington Elementary School

Middle Schools Palo Verde Middle School

High Schools Glendale High School

School District Glendale Union High School District

Others

Senior Community No

Tax ID 150-09-898

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Listed by CTS Realty

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Aaron Church PLLC

Agent | License ID: SA535962000

+1(602) 616-1859

8124 N 33RD Drive Phoenix, AZ 85051

Aaron Church PLLC

Key Details

Location

Interior

Exterior

Building

Schools

Others

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8124 N 33RD Drive