About 3016 N 37 Street
Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.
Features of 3016 N 37 Street
| MLS® # | 6974495 |
|---|---|
| Price | $1,995,624 |
| Bedrooms | 8 |
| Bathrooms | 7.00 |
| Year Built | 1945 |
| Type | Multiple Dwellings |
| Status | Active |
Community Information
| Address | 3016 N 37 Street |
|---|---|
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85018 |
Amenities
| Amenities / Community Features | See Remarks |
|---|---|
| Parking Spaces | 14 |
| Parking | Paved, >1 Space Per Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave |
|---|---|
| Heating | Forced Air |
| Cooling | Ceiling Fan(s), Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Painted, Block |
Additional Information
| Zoning | R-3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Platinum Realty Group |
|---|