1318 East CULVER Street Phoenix, AZ 85006

$768,000
$768,000
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*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.

*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.

  • Neighborhood
  • Type
  • County
    Maricopa
  • Area
    Phoenix
  • Tax Amount
    $1,724
  • Status
    Active
  • Listing #
    6974630
  • Built
    1985
  • Listed on site
    128 days

Listed by:
Better Homes & Gardens Real Estate SJ Fowler

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
May 26, 20269 days agoPrice decreased1,000 (0%)$768,000
May 11, 202624 days agoPrice decreased500 (0%)$769,000
May 4, 20261 mo agoPrice decreased500 (0%)$769,500
Apr 27, 20261 mo agoPrice decreased500 (0%)$770,000
Apr 20, 20261 mo agoPrice decreased500 (0%)$770,500
Apr 13, 20262 mos agoPrice decreased500 (0%)$771,000
Apr 6, 20262 mos agoPrice decreased500 (0%)$771,500
Mar 30, 20262 mos agoPrice decreased500 (0%)$772,000
Mar 23, 20262 mos agoPrice decreased500 (0%)$772,500
Mar 19, 20263 mos agoPrice decreased500 (0%)$773,000
Mar 9, 20263 mos agoPrice decreased500 (0%)$773,500
Mar 2, 20263 mos agoPrice decreased500 (0%)$774,000
Feb 23, 20263 mos agoPrice decreased500 (0%)$774,500
Feb 2, 20264 mos agoPrice decreased20,000 (3%)$775,000
Jan 26, 20264 mos agoNew on market$795,000
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