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Loving Phoenix Team | Real Broker
1519 W Desert Cove Avenue, Phoenix, AZ 85029
- $430,000
- 4
- BD
- 3
- BA
- Sold Price
- $430,000
- List Price
- $450,000
- Closing Date
- Apr 05, 2025
- Days on Market
- 40
- Status
- CLOSED
- MLS#
- 6819664
- City
- Phoenix
- Bedrooms
- 4
- Bathrooms
- 3
- Subdivision
- Desert Cove Extension Lots 5-12, 21, 24-28
- Year Built
- 1970
Property Description
1519 W Desert Cove Ave offers a value-add investment opportunity within the desirable Sunnyslope Submarket. The property features three fully occupied units, including one 2-bedroom, 1-bathroom unit ($1,171/Mo), and two 1-bedroom, 1-bathroom units ($1,136/Mo & $1,146/Mo). All tenants are on month-to-month leases. Rents above include $71 monthly water reimbursement. This complex is conveniently located across the street from an 88-unit affordable housing project led by Commonwealth Development. Units are individually metered for electric and gas, with each unit charged $71/Mo for water/sewer. A great opportunity with significant upside potential!
Additional Information
- Community Features
- No Pool, See Remarks
- Construction
- Block, Other, Painted
- Cooling
- Other, Electric
- Electric
- APS
- Flooring
- Other
- Heating
- Electric, Varies by Unit
- New Financing
- Other (See Remarks)
- Parking Features
- Other, Paved
- Roofing
- Composition, Other
- Sewer
- Other, Public Sewer
- Subdivision
- Desert Cove Extension Lots 5-12, 21, 24-28
- Taxes
- $929
- Tax Year
- 2024
- Tenant Pays
- Electricity, Gas, Cable TV
- Units
- 3
- Water
- City Franchise, See Remarks
- Zoning
- R-3
Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: R.O.I. Properties.
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