About 1021 E Fairmount Avenue
1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.
Features of 1021 E Fairmount Avenue
| MLS® # | 6997176 |
|---|---|
| Price | $1,895,000 |
| Bedrooms | 13 |
| Bathrooms | 8.00 |
| Year Built | 1964 |
| Type | Multiple Dwellings |
| Status | Active |
Community Information
| Address | 1021 E Fairmount Avenue |
|---|---|
| Subdivision | WEST IDLEWILDE |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85014 |
Amenities
| Amenities / Community Features | No Pool |
|---|---|
| Parking Spaces | 5 |
| Parking | On Street, Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer |
|---|---|
| Heating | Natural Gas |
| Cooling | Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Wood Frame, Painted, Block |
School Information
| District | Phoenix Union High School District |
|---|---|
| Elementary | Longview Elementary School |
| Middle | Longview Elementary School |
| High | North High School |
Additional Information
| Zoning | R-3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Matthews Real Estate Investment Services |
|---|