7 unit fully remodeled!

2122-2124 W Augusta Ave Phoenix, AZ 85251

2122-2124 W Augusta Ave, Phoenix, AZ, 85251
2122-2124 W Augusta Ave, Phoenix, AZ, 85251 2122-2124 W Augusta Ave, Phoenix, AZ, 85251 2122-2124 W Augusta Ave, Phoenix, AZ, 85251
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,975,000
Cap Rate:
5.75%
Last Verified:
Sep 28, 2022

Great opportunity to own this 7 unit apartment building in an exceptional location in Phoenix! Located in North Phoenix which is a district that mixes historic buildings with hip & trending establishments! The upgraded interior boasts fresh paint, stylish wood-like tile flooring, & sizable living/dining areas. All new dual pane windows, new doors, brand new hot water heaters. Each unit is individually metered. Renovated kitchen showcases large cabinets, lavish quartz counters, & shimmering stainless steel appliances. Bedrooms enjoy abundant natural light, upgraded ceiling fans, & walk-in closets. Complete redone Upscale bathrooms. Even smooth stucco on the outside. the 4 rear units have private backyards. There are 2 storage rooms onsite for additional income as well.Did we talk about the location? Is close to numerous restaurants & shopping centers. Don't miss this one! Construction is completed. Buyer to verify all facts and figures.

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.