2326 E Pinchot Avenue, Phoenix, AZ 85016

$2,400,000
20
BD
12
BA

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Sold Price
$2,400,000
List Price
$2,700,000
Status
CLOSED
Days on Market
133
Closing Date
Feb 16, 2024
MLS#
6586083
Subtype
Multiple Dwellings
Year Built
1958
Bedrooms
20
Bathrooms
12

Property Description

Prime Opportunity in Biltmore Corridor. 12-unit garden-style apartment complex located in great east Phoenix neighborhood. Eleven out of twelve units completely remodeled with new kitchens and baths. New Roofs on Apartments in 2022/2023. Water lines updated inside the units. Centrally located complex is ideal to add to your portfolio. Block construction with new pitched composition shingle roofs and individually metered for electricity. Additional income from leased laundry. There is room to increase rents and possibly add in unit laundry. Minutes to shopping & dining at Biltmore Fashion Park, Town and Country Mall and so much more. Easy access to the 51 Freeway, downtown Phoenix, bus transportation and employment. Do not walk property or talk to tenants. Inspection with accepted offer

Additional Information

Exterior Features
Sidewalk(s)
Taxes
$6,693
Zoning
m-h r4
Flooring
Ceramic Tile
Appliances
Free-Standing Range, Refrigerator, Microwave
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Block, Painted
Parking Features
<1 Space Per Unit
Elementary School
Loma Linda Elementary School
Middle School
Loma Linda Elementary School
High School
Camelback High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Howard L Rudin (602-390-8088) from Listing Office: West USA Realty.

Selling Office: Compass.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.