1318 E Culver Street, Phoenix, AZ 85006
- $766,500
- List Price
- $766,500
- Status
- PENDING
- Days on Market
- 197
- Price Change
- ▼ $500 1781552864
- MLS#
- 6974630
- Subtype
- Multiple Dwellings
- Year Built
- 1985
- Subdivision
- Burroughs
Property Description
*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Three 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. 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.
/u.realgeeks.media/dunlap-magee/Logo_1-min.png){kind=logo}
Additional Information
- Taxes
- $1,724
- Zoning
- R-3
- Heating
- Electric, Heat Pump
- Air Conditioning
- Heat Pump, Electric, Varies by Unit
- Exterior Construction
- Wood Frame, Stucco
- Parking Features
- <1 Space Per Unit
Mortgage Calculator
Listing courtesy of Listing Agent: Eric P Hegarty (480-329-6083) from Listing Office: Levrose Real Estate.
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.