2534 N 52ND Street, Phoenix, AZ 85008
$1,049,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,049,000
List Date:
4/18/2025
Last Modified:
4/19/2025
Description
3 INCOME GENERATING homes + room to expand. Stonework, modern baths, cherry cabs, granite, and a private yard characterize the spacious, efficiently designed 1638SF, 3/2, 2CG, main house. Each 796SF 1bd/1ba unit at the rear offers carport parking, a private yard, and living area with warm touches that make it feel instantly like home. These well-maintained homes offer new HVACs & appliances, commercial-grade work, low-maint, and the right mix of comfort and charm, tucked into an emerging area of south Arcadia. Whether looking for active income, or a home that pays for itself, this is it! OPTIONS 1) Capitalize on 3 income-producing rentals 2) Owner-occ home + 2 rentals 3) Generational living 4) Optimize [R-3] through lot redesign 4) Luxury new build.
Supplements: A single-tax parcel with low yearly tax rate, which means a better ROI, easier redevelopment, permitting, and financing. The flat terrain and simple rectangular shape of this lot make it even more useful and developable.
More Information MLS# 6852087
Contract Info
Current Price: $1,049,000
List Price: $1,049,000
Status: Active
List Date: 2025-04-15
Ownership: Fee Simple
Location Tax Legal
House Number: 2534
Compass: N
Street Name: 52ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2641
Country: US
County Code: Maricopa
Subdivision: ORANGEDALE TRACT 1,2, & 7,8
Assessor Number: 126-16-015
Tax Year: 2024
General Property Description
Lot Size Dimensions: 74.97x224.11
Year Built: 1965
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 2
Zoning: R-3 M-M
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Elementary School: Griffith Elementary School
Jr. High School: Pat Tillman Middle School
High School: Camelback High School
Remarks Misc
Cross Street: Virginia and 52nd Street
Directions: South of Viriginia. West saide of 52nd St. Do not enter property without permission.
Geo Lat: 33.475707
Geo Lon: -111.970121
Status Change Info
Status Change Date: 2025-04-18
Legal Info
Township: 2N
Range: 4E
Section: 32
Lot Number: 21
Income Expenses
Gross Annual Sch Inc: 60000
Net Operating Income: 50000
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1400
Avg SqFt: 796
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 2200
Avg SqFt: 1636
# Baths: 2
Property Features
Project Type: Tri-Plex
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted; Brick Veneer
Roofing: Composition; Other
Floors: Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Fenced; Cable TV Available
Appliances Included: Free-Standing Range; Refrigerator; Disposal; Washer/Dryer
Heating: Central
Cooling: Ceiling Fan(s); Electric; Heat Pump; Central Air; 2 or More Units
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Garage; Carport; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Accountant
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional; 1031 Exchange
Environmental: None
Listing Office: HomeSmart
Last Updated: April - 19 - 2025
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