2610 N 24th St, Phoenix, AZ 85008
FOR SALE

2610 N 24th St
Phoenix, AZ 85008

Encanto
  • 5 Beds
  • 2 Baths
  • 3,400 sqft
  • 5 Beds
  • 2 Baths
  • 3,400 sqft

$1,450,000

Est. Mortgage $8,319/mo*
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Local Information

map showing home location
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-- mins to
Commute Destination

Description

The Property
🏡 **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.*

Home Highlights

Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$426
Listed
77 days ago

Home Details for 2610 N 24th St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2
Appliances & Utilities
Utilities: Sewer Connected
Heating & Cooling
Heating: Individual,Heat PumpHas CoolingAir Conditioning: Individual,Heat Pump,Ceiling Fan(s)Has HeatingHeating Fuel: Individual
Gas & Electric
Electric: APS, Individual MeterHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Ceramic Tile
Levels, Entrance, & Accessibility
Floors: Ceramic Tile
View
No View

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Number of Covered Spaces: 1Open Parking Spaces: 4No GarageHas Open ParkingParking Spaces: 5Parking: Paved,Free,>1 Space Per Unit,Common
Frontage
Road Frontage: Curb(s) & Gutter(s), Sidewalk(s)Road Surface Type: Asphalt
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 77

Property Information

Year Built
Year Built: 1937
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Painted, Stucco, Adobe, Frame - Wood
Property Information
Parcel Number: 11708112C

Price & Status

Price
List Price: $1,450,000Price Per Sqft: $426

Active Status

MLS Status: Active

Media

See Virtual Tour

Location

Direction & Address
City: PhoenixCommunity: GREENFIELD GARDENS BLOCKS 1 THRU 5
School Information
Elementary School District: Creighton Elementary DistrictHigh School District: Phoenix Union High School District

Agent Information

Listing Agent
Listing ID: 6662622

Building

Building Area
Building Area: 3400 Square Feet

Community

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

Offer

Listing Terms: No Carry, Conventional

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple
Expense
Tenant Pays: See Remarks, Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping, Pool/Spa Maintenance

Rental

Owner Pays: Other, See Remarks

Miscellaneous

Mls Number: 6662622

Additional Information

See RemarksBarbecueGolf/Putting GreenPlay AreaHeated Spa(s)Spa(s)No Pool
Last check for updates: about 16 hours ago
Listing courtesy of Linda S Gerchick, (602) 688-9279
Gerchick Real Estate
Source: ARMLS, MLS#6662622
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR®- Chris Long - (480) 907-1010
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Price History for 2610 N 24th St

DatePriceEventSource
02/11/2024$1,450,000Listed For SaleARMLS #6662622
01/23/2024$1,395,000ListingRemovedARMLS #6467232
12/13/2023ListingRemovedARMLS #6467232
10/06/2023$1,395,000Listed For SaleARMLS #6467232
09/18/2023$1,395,000ListingRemovedARMLS #6467232
05/11/2023$1,395,000Listed For SaleARMLS #6467232
04/22/2023$1,595,000ListingRemovedARMLS #6467232
03/09/2023$1,595,000PriceChange
ARMLS #6467232
01/14/2023$1,645,000PriceChange
ARMLS #6467232
09/22/2022$1,695,000Listed For SaleARMLS #6467232
08/31/2021$400,000Sold
N/A
12/07/2000$125,000Sold
N/A
05/17/1996$65,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$519
Assessment$229,500
Home facts updated by county records

Comparable Sales for 2610 N 24th St

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Neighborhood Overview

Encanto
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Encanto

  • Trulia User
    "its in the desert smack dab downtown almost and close to the airport. its equidistant to almost all outskirts of the valley. its is located by everything that you dont need to travel far. This area is getting renovated and remodeling a lot of houses."
    4
    Flag
  • Trulia User
    "The state fair, of course. Permit parking even if you’re a resident. Having to maintain grass in the desert, and the occasional lovely visit to your porch, by some of the local charming vagrants."
    1
    Flag
  • Trulia User
    "My commute is pretty simple and safe from work to home. Have not encounter any violence in the past 2 years of living in the area "
    0
    Flag
  • Trulia User
    "It’s a very close knit community. Everyone here is helpful and kind. Definitely cannot leave your packages out front, but mostly good otherwise! "
    2
    Flag
  • Trulia User
    "Everyone has fenced yards, but some people walk their dogs, it’s safe to do that during the day or night"
    1
    Flag
  • Trulia User
    "I’ve lived in central Phoenix for over 20 years, it has changed a lot but the neighborhood is still the same in many ways lots of friendly people "
    1
    Flag
  • Trulia User
    "I’ve lived in central Phoenix over 25yrs, it is a great area to live. People are friendly and keep neighborhood nice "
    1
    Flag
  • Trulia User
    "The area is easily accessible to all other areas of the valley and typically it's not far to a bus stop or Lyft is good too. "
    0
    Flag
  • Trulia User
    "having to pick up their dog poop and dogs just running without a leash but they will like to have a dog play round and toys for pets or bathroom spot for dogs and somewhere where the dogs can drink water and rest at. "
    0
    Flag
  • Trulia User
    "Have not seen many community events around. Like the area though. Generally pretty quiet in my area "
    1
    Flag
  • Trulia User
    "This neighborhood is great for those willing to take public transportation. The bus routes are everywhere and very close to the light rail."
    0
    Flag
  • Trulia User
    "Beware of traffic, lots of fast moving traffic! There are car accidents almost daily and drivers seem unaware of what's going on not only in the intersections but also on 16th street and Osborn Rd both ... "
    0
    Flag
  • Trulia User
    "Neighborhood community group activities, neighborhood yard sales, shred events, historic neighborhood, neighborhood first aid & CPR classes. "
    0
    Flag
  • Trulia User
    "Lived here over 20 years, very quiet and safe place to live, friendly fun neighbors who walk their dogs, jog and spend time outside a lot "
    0
    Flag
  • Trulia User
    "Everyone is so friendly and neighbors are awesome there’s so many great things about living in central Phoenix. We all are really nice people we just have so many good neighbors. Everyone watch watches for each other nobody uses profanity on the streets is just so great to live in downtown Phoenix restaurants are always gree with service there is no issues with any restaurants at all. Parts are very clean and we are so close to hiking trails and biking routes"
    0
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  • Trulia User
    "Lots of long-time families live here. Even though the area isn't that safe, the neighbors at least try to maintain the street and notify one another of packaging. Really good people live in this area and try their best to keep things nice."
    1
    Flag
  • Trulia User
    "Lovely place to live, everyone super nice. Everyone in downtown Phoenix is such a great people. Parks are clean and all people so friendly, love the environment created in the city."
    0
    Flag
  • Chrissie L. A.
    "I have immediate access to the freeway and I have no issues. I work on tempe so the only bottleneck is of course at the tunnel."
    4
    Flag
  • Charlzstevens
    "The community feel is overall great , close enough to downtown without being too deep I’m a fan in general "
    2
    Flag
  • Jasminejohnsonmusic
    "Dogs are on leashes while being walked. No dogs running around as strays. Very dog-friendly community."
    2
    Flag
  • Toni S.
    "I think it’s fine. No issues with dog ownership that I have noticed. Good neighborhood for dogs or any animals "
    4
    Flag
  • Sid M.
    "I live on Osborn and would not have kids off the busy road. Good area over all. It is nice for walks with my dog and family."
    1
    Flag
  • Luanne
    "There are luminarias at Christmas and monthly cocktail parties, plus neighborhood front yard concerts."
    1
    Flag
  • Songnheart71159
    "There are many families in the neighborhood with diversity. It's a great area with accessibility to the museums and downtown nightlife."
    1
    Flag
  • Kirsten
    "I don’t know why I got this survey. Although I had a friend that lived in the neighborhood and loved it and enjoyed visiting. Love the dog park and the bars and restaurants nearby. I live nearby but would love to live in the area if given the opportunity. "
    2
    Flag
  • Chris R.
    "Nothing much to say really other than encanto is a nice area to live. Not to quiet and not to busy. "
    10
    Flag
  • Sam D.
    "Most people own dogs and you’ll see them walking them. People stop to say hi and give treats. This is a dog friendly neighborhood "
    1
    Flag
  • Bnbdad16
    "Golfing today was good nice trees good vibes great sun. Easy access to Highway. Stores parks and recreation food and pharmacy. I would recommend it to anyone who’s looking for a place to live. "
    8
    Flag
  • Dustysusan
    "Many homeless, drug dealing, camping out in alley, going to the bathroom next to dumpsters...& more!"
    3
    Flag
  • Weston A.
    "Midtown is fantastic, things are really great and getting better all the time. We hope to buy here in the very near future, we've rented here for years."
    1
    Flag
  • Sam D.
    "Family neighborhood, quiet, clean, dog friendly, close to downtown, unique houses, a lot of renovation going on which will make the neighborhood better without losing its character"
    0
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  • Luanne
    "People walk their dogs every evening. It’s a very Friendly place to have a dog and getting to know the neighbors. A dog park is close, too."
    2
    Flag
  • Luanne
    "It’s a lovely neighborhood where everyone looks out for one another. It feels like a throwback to another era."
    2
    Flag
  • Tgrady
    "Willo-Encanto District tours, neighborhood crime watch, concerts, and Willo/Encanto quarterly updates/magazine. "
    0
    Flag
  • Keelyinphx
    "Encanto Park and golf course are really nice. Very close to the Fairgrounds. Close to events and nightlife in downtown and midtown."
    0
    Flag
  • Praphul N.
    "it's easy commute any where f on downtown.phoenix to camel back and Biltmore area. With new grocery stores like Sprouts and Safeway things have changed."
    1
    Flag
  • Freshd34
    "Encanto is a good neighborhood for diversity in lifestyle and amenities. There is a lot of parks and shopping centers nearby. An assortment of restaurants are nearby too. The cost of living is not extremely high. Just a good, solid place to live overall"
    0
    Flag
  • Toccara B.
    "Simple and far from complicated, only dislike in this neighborhood is the weird guys who honk at you for walking down the street "
    0
    Flag
  • Nfernleaf
    "Im just renting in this area but love how close I Am to all freeways restaurants and bars. Everyone is very friendly and speaks when walking by. I feel safe and comfortable living here."
    0
    Flag
  • Elaine P.
    "Most people have dogs which I think shows they like dogs. They are well cared for and the interaction between owners and their dogs seems loving"
    1
    Flag

LGBTQ Local Legal Protections

Linda S Gerchick, Gerchick Real Estate
2610 N 24th St, Phoenix, AZ 85008 is a 5 bedroom, 2 bathroom, 3,400 sqft multi-family built in 1937. 2610 N 24th St is located in Encanto, Phoenix. This property is currently available for sale and was listed by ARMLS on Feb 11, 2024. The MLS # for this home is MLS# 6662622.