4705 E Hubbell Street new

Phoenix,AZ 85008

$ 840000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6853503

Maintenance Fees $1,500

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1955

Annual Tax Amount $1,153

Tax Year 2024

Lot Dimensions 0.20

Property Description

Hubbell (''the property'') is advantageously positioned to reach the significant submarkets of Arcadia, Tempe, and Scottsdale, all within a manageable commute time. With State Route 143 located less than a mile south of the property, residents have direct access to major thoroughfares providing the ability to reach The Valley's employment corridors and lifestyle amenities with ease. The Camelback Employment Corridor, at Camelback Road & 44th Street, along with the Novus Innovation Corridor and Lake District of Tempe, are home to a large amount of the most influential and innovative corporations in the metro area. In addition, the property is minutes from the ever-popular and ultra-affluent neighborhoods found throughout Arcadia and Old Town Scottsdale, and less than 10 minutes from one of the largest colleges in the nation, Arizona State University.
Hubbell is a three-unit community comprised of two-bedroom floorplans each covering 675 square feet. Each of the units interior, the entire building's exterior, and large private backyards have been renovated making this property a cash-flowing turnkey asset. Future ownership will have the opportunity to acquire this asset with room to achieve higher rents than in place based on rents by comparable properties in the submarket.

Location

State AZ

County Maricopa

Zoning R1-6

Interior

Heating Individual

Cooling Electric,Individual

Flooring Carpet,Vinyl

Appliance Dishwasher,Refrigerator,Free-Standing Electric Oven,Washer/Dryer

Exterior

Parking Features >1 Space Per Unit,Carport

Community Features No Pool

Roof Type Composition

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 126-11-110

Acceptable Financing Conventional

Listing Terms Conventional

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