• $7,990,000

000 E POLK-Kinderman-Augusta Street, Scottsdale, AZ 85257

Listing Courtesy of Gerchick Real Estate

Description

2122-2124 W Augusta Ave, Phoenix, AZ 85021 (7 Units)

✔ Two fully occupied parcels✔ Stable Rental Income:** All units are fully occupied, ensuring consistent cash flow✔ Residential Loan Potential:** Can be purchased using two residential loans, offering favorable financing options✔ Extensive Renovations:** Recent upgrades to HVAC, plumbing, electrical, flooring, and more✔ Upgraded Appliances:** New stainless steel appliances in all units (fridge, range, microwave, dishwasher)✔ Modern Bathrooms:** New vanities, toilets, shower valves, and tubs installed✔ Energy Efficiency:** Replaced windows with energy-efficient models and upgraded roofing✔ Interior Upgrades:** Fresh paint, new flooring, and modernized kitchens with quartz counterto 2122-2124 W Augusta Ave, Phoenix, AZ 85021 (7 Units)

 Two fully occupied parcels Stable Rental Income:** All units are fully occupied, ensuring consistent cash flow Residential Loan Potential:** Can be purchased using two residential loans, offering favorable financing options Extensive Renovations:** Recent upgrades to HVAC, plumbing, electrical, flooring, and more Upgraded Appliances:** New stainless steel appliances in all units (fridge, range, microwave, dishwasher) Modern Bathrooms:** New vanities, toilets, shower valves, and tubs installed Energy Efficiency:** Replaced windows with energy-efficient models and upgraded roofing Interior Upgrades:** Fresh paint, new flooring, and modernized kitchens with quartz countertops Exterior Improvements:** Landscaped with gravel, artificial grass, and new wooden fences Prime Location:** Conveniently located near amenities, schools, and transportation hubs

7602 E Polk St, Scottsdale, AZ 85257 (6 units)

 Fully Remodeled – Smooth stucco, tile backsplashes, and dual-pane windows Six Total Units – (4) 2BR/1BA and (2) 1BR/1BA layouts Private Patios & Storage for Each Unit In-Unit Laundry – New Stackable Washers/Dryers Excellent Zoning – R-5 Multifamily Residential Lot Size: 11,021 SF | Building: 4,140 SF Prime Location – Minutes from Old Town, Tempe, and major employers Surrounded by Development – New townhomes being built behind the property Parcel: 131-15-001-Y Scottsdale 85257 – One of the Valley’s top-performing rental submarkets

306 & 312 E Kinderman Dr, Avondale, AZ 85323 (13 Units)

13 Total Units: Fully occupied with strong in-place income

Major Capital Improvements: Nearly $1M in renovations including interiors, exteriors, systems, and finishes

Dishwashers in Every Unit: A standout amenity that enhances rental appeal

Stabilized and Turnkey: Minimal deferred maintenance with all units leased

Strategic West Valley Location: Minutes from I-10, top employers, shopping, and entertainment

High Rental Demand: Avondale continues to experience rapid population and economic growth

Investor-Friendly Market: Surrounded by infrastructure projects and booming development

Buyer to Verify All Facts and Figures During Due Diligence

Details

Status:Active
Type:Multiple Dwellings
Built Year:1986
Property ID:6854250

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