925 E Fairmount Avenue, Phoenix, AZ 85014

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Sold Price
$950,000
List Price
$995,000
Status
CLOSED
Days on Market
101
Closing Date
Jan 30, 2024
MLS#
6615379
Subtype
Multiple Dwellings
Year Built
1977
Bedrooms
6
Bathrooms
4

Property Description

Are you looking for a lucrative investment property in the heart of Phoenix, AZ? Look no further! An exceptional 4-plex property at 925 E Fairmount Ave conveniently situated near Banner Hospital and boasting numerous upgrades. Property Highlights: Location, Location, Location: Nestled in a highly desirable area of Phoenix, this 4-plex property enjoys close proximity to Banner Hospital, making it a prime spot for potential tenants and a strong rental market. Fully Occupied: All four units are currently fully occupied, ensuring a steady stream of rental income from day one. No need to worry about vacancies or turnover costs! Recent Upgrades:** This property has been thoughtfully maintained and upgraded. Newer air conditioners and a newer roof provide peace of mind and reduce maintenance

Additional Information

Taxes
$3,264
Zoning
R-3
Flooring
Ceramic Tile
Appliances
Free-Standing Range, Refrigerator, Dishwasher, Disposal, W/D Hookup
Heating
Heat Pump, Varies by Unit
Air Conditioning
Heat Pump, Varies by Unit, Ceiling Fan(s)
Exterior Construction
Block, Painted
Parking Features
Free, Carport, >1 Space Per Unit

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Linda S Gerchick (602-688-9279) from Listing Office: Gerchick Real Estate.

Selling Office: Realty ONE Group.

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.