$115,000
Phoenix, AZ 85031
MLS# 6928410
Status: Closed
3 beds | 2 baths
1 / 14
Property Description
Cash Flow Opportunity!! Investors come grab this 3-bedroom, 1.5-bathroom townhome in Phoenix. Fully remodeled in 2024, this home features a brand-new AC unit, updated electrical work, and fresh modern finishes throughout. With its clean updates and thoughtful improvements, this property is ready for its next chapter. Currently tenant-occupied with a lease at $1,850/month, this home offers a great opportunity for an investor seeking a turnkey rental with steady income. Seller financing and private money options available. Current lease ends 2/28/26. Section 8 on these units provides up to $2,500!!! This is like a 10cap+ with in place rents. HOA seems to be re-stabilizing. Get in now at a discount! Lender financing available.
Details
Maps
Contract Information
Sold Price: $115,000
Status: Closed
Current Price: $115,000
List Date: 2025-10-03
Type: Exclusive Right To Sell
Ownership: Condominium
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 3840
Compass: N
Street Name: 43RD
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85031
Zip4: 2932
County Code: Maricopa
Assessor Number: 107-22-137
Subdivision: EL SERENO
Tax Year: 2024
General Property Description
Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 1
Total Bathrooms: 2
Approx SQFT: 1243
Price/SqFt: 92.52
Horses: N
Builder Name: unknown
Year Built: 1975
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 571
Approx Lot Acres: 0.013
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Cartwright Elementary District
High School District: Phoenix Union High School District
Elementary School: Glenn L. Downs Social Sciences Academy
Jr. High School: Glenn L. Downs Social Sciences Academy
High School: Maryvale High School
Remarks Misc
Cross Street: 43rd Ave & Indian School
Directions: From Indian School, South on 43rd Ave, West (right) on Fairmount to property.
Geo Lat: 33.492916
Geo Lon: -112.154032
Status Change Info
Off Market Date: 2025-12-05
Under Contract Date: 2025-11-20
Close of Escrow Date: 2025-12-05
Sold Price: $115,000
Legal Info
Township: 2N
Range: 2E
Section: 28
Lot Number: 79
Basement
Basement Y/N: N
Items Updated
Wiring Yr Updated: 2024
Wiring Partial/Full: Partial
Ht/Cool Yr Updated: 2025
Ht/Cool Partial/Full: Full
Kitchen Yr Updated: 2024
Parking Spaces
Carport Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Cash
Closing Cost Split: Seller Paid - S
Buyer Concession $/%: $
Seller Concession to Buyer: 1965
Seller Concession $/%: $
Property Features
Special Listing Cond: Lender Owned/REO
Master Bathroom: Other (See Remarks)
Spa: None
Community Features: Children's Playgrnd; Near Bus Stop
Dining Area: Eat-in Kitchen; Dining in LR/GR
Kitchen Features: Gas Oven; Gas Range; Dishwasher; Built-in Microwave; Refrigerator; Non-laminate Counter
Laundry: Inside
Exterior Features: Balcony
Parking Features: Assigned Parking
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Landscaping: Desert Front
Lockbox Type: Combo
Possession: Subject To Tenant Rights
Association Fee Incl: Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Owner May Carry
Disclosures: Agency Discl Req
Listing Office: Venture REI, LLC
Last Updated: December - 05 - 2025
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