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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

2610 N 24th Street, Phoenix, AZ – $1,450,000

  • $1.5M Price
  • $1.5M Price

2610 N 24th Street

The Property &#127969; **Investment Opportunity in Phoenix, AZ - Master Leased Triplex** Welcome to 2610 N 24th St, Phoenix, AZ 85008 - a remarkable investment opportunity tailored for the savvy investor seeking hassle-free returns and long-term stability. This triplex, strategically located in the heart of Phoenix, is not just a property; it's a gateway to consistent passive income and peace of mind. See Suppliment The Property <á **Investment Opportunity in Phoenix, AZ - Master Leased Triplex** Welcome to 2610 N 24th St, Phoenix, AZ 85008 - a remarkable investment opportunity tailored for the savvy investor seeking hassle-free returns and long-term stability. This triplex, strategically located in the heart of Phoenix, is not just a property; it's a gateway to consistent passive income and peace of mind. **Key Features:** = **Master Lease with an Alcohol Sobriety Company:** The property is master leased to a reputable alcohol sobriety company, ensuring a steady stream of income. With the tenant bearing all expenses except property insurance and taxes, you can enjoy hassle-free ownership while maximizing your returns. =° **Lucrative Lease Terms:** The lease agreement secures a monthly income of $6,500, with a 5% rental increase annually, guaranteeing growth in your investment over the three-year lease period. <Þ **Exceptional Amenities:** Step into a tranquil oasis boasting an amazing courtyard adorned with a spa, BBQ area, firepit, and a putting green. This meticulously designed space enhances the property's appeal and ensures tenant satisfaction. <à **Tasteful Decor and High Success Rate:** Every detail of this property has been carefully curated, offering a tastefully decorated environment that contributes to its high success rate. Experience the simplicity of investing with a property that not only meets but exceeds expectations. **Why Invest Here?** =È **Stability and Convenience:** Enjoy the simplicity of investing with a property that offers stable returns and minimal management requirements. With the tenant handling most expenses, you can focus on reaping the rewards of your investment effortlessly. < **Residential Loan Eligibility:** Unlike many commercial properties, this triplex is eligible for residential loans, making financing more accessible and convenient for potential investors. = **Verify and Secure Your Investment:** While we provide you with comprehensive details, we encourage potential buyers to verify all facts and figures to ensure confidence in their investment decision. Don't miss out on this exceptional opportunity to secure a prime investment property in Phoenix, AZ. Whether you're a seasoned investor or just starting, this master leased triplex offers simplicity, stability, and significant potential for growth. Contact us today to learn more and take the first step towards building your investment portfolio! *Disclaimer: Buyer to verify all facts and figures. Investment decisions should be made after thorough due diligence.*

Essential Information

  • MLS® #6662622
  • Price$1,450,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1937
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address2610 N 24th Street
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85008

Subdivision

GREENFIELD GARDENS BLOCKS 1 THRU 5

Amenities

  • Parking Spaces5

Amenities

See Remarks, Barbecue, Golf/Putting Green, Play Area, Heated Spa(s), Spa(s), No Pool

Parking

Paved Parking, Free, >1 Space Per Unit, Common

Interior

  • HeatingIndividual, Heat Pump

Appliances

F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup

Cooling

Individual, Heat Pump, Ceiling Fan(s)

Exterior

  • RoofComposition

Construction

Painted, Stucco, Adobe, Frame - Wood

School Information

District

Phoenix Union High School District

Additional Information

  • ZoningR-5

Listing Details

  • OfficeGerchick Real Estate
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Gerchick Real Estate.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 5th, 2024 at 8:15pm MST.