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Address
2922 N 35Th Street Phoenix, AZ
Price
$ 3,650,000
Property Attributes
  • MLS#6077227
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodWest Citrus Acres
  • Zip85018
  • Style
  • Year Built1968
  • Taxes12899
  • Price$ 3,650,000
  • Bedrooms23
  • Full Bathrooms21
  • Half Bathrooms0
  • Sqr Footage15000
Listing Provided Courtesy Of:
Metro Realty
Property Description

The Vara Apartments are 21-unit garden style apartments located in the highly sought out for neighborhood of ARCADIA LITE. These units have been updated with stainless steel appliances, polished concrete floors, and huge walk in closets. Amenities include a pergola sitting area, BBQ, gated/covered parking and onsite laundry facility for additional income. Most tenants are month to month with room to raise rents. All units have one covered parking space within the gated community. Tenants pay electric, cable and internet. Close to Sky Harbor Airport, Downtown Phoenix, ASU, Biltmore shopping center and Camelback Mountain.

Elementary School Middle School High School
Creighton Elementary School Creighton Elementary School Camelback High School
Price History
5/12/2020 Listed $3,650,000

General Features

1 Bedroom Units: Avg Rent 925.00
2 Bedroom Units: Avg Rent 1100.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Elementary School Creighton Elementary School
Features Barbecue Area(s), No Pool, Other (See Remarks)
High School Camelback High School
Map Code/Grid P35
Middle School Creighton Elementary School
Net Income 190352.00
New Financing 1031 Exchange, Conventional
Owner Pays Electric, Landscaping, Sewer, Trash Collection, Water
Parking 1 Space/Unit, Paved Parking
Property Type F
Public Remarks The Vara Apartments are 21-unit garden style apartments located in the highly sought out for neighborhood of ARCADIA LITE. These units have been updated with stainless steel appliances
School District 014 - Creighton Elementary District
Status Active
Subdivision WEST CITRUS ACRES
Tenant Pays Cable TV, Electric
Year Built 1968
Zoning R-4

Interior Features

1 Bedroom Units: # 1 Bedroom Units 19
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 700
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 850
Appliances Included Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Cooling Central A/C, Chiller System
Electric Individual Meter, SRP
Floors Concrete, Sealed
Gas None
Heating Central
Interior Features Fire/Smoke Alarm(s), Unfurnished
Total Number of Units 21.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 21.00
Exterior Features Cable TV Available, Desert Landscaping, Landscape Wtr System, Partially Fenced, Security Light(s)
Lot Size Dimensions 21, 115
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 21.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85018

Price
AVG $3.21M
$3.65M
Taxes
AVG $8,072
$12,899
Visits
AVG 93
23
Year Built
AVG 1984
1968

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