2 months on rocket

2610 N 24th St, Phoenix, AZ, 85008

$1,450,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2610 N 24th St, Phoenix$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingPaved Parking, Free, >1 Space Per Unit, Common
Year Built1937
HeatingOther, Heat Pump
CoolingOther, Heat Pump, Ceiling Fan(s)
MLS #6662622
StatusActive

About 2610 N 24th St

The Property &#127969; **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.*

Property Details

Property Features

Property Information:

  • Year Built: 1937

Listing Office:

  • Office Name: Gerchick Real Estate
  • Office Phone: (602) 688-9279
  • Listing Agent: Linda S Gerchick

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Exterior Features

Parking Information:

  • Parking: Paved Parking, Free, >1 Space Per Unit, Common

Utilities

Utilities Information:

  • Heating: Other, Heat Pump
  • Cooling: Other, Heat Pump, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Camelback High School, Public District Grades 9-12
  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Franklin Police and Fire High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: South on 24th Street from Thomas. Property is on the west side of street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000

Tax Information:

  • Annual Amount: $532
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$444.3K

Med. Price/SqFt

$283

Avg. Days On Market

55

# of Sold Homes

1493

2610 N 24th St vs Phoenix

81 DAYS ON ROCKET

+26 Days

$1,450,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6662622

Listing Office:

  • Office Name: Gerchick Real Estate
  • Office Phone: (602) 688-9279
  • Listing Agent: Linda S Gerchick

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:15:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2021Home Sold
$400,000
Dec 07, 2000Home Sold
$125,000
May 17, 1996Home Sold
$65,000
Mar 18, 1993Home Sold
$48,000
Sep 13, 1988Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2021$532$20,780
2020$519$17,760
2019$504$14,070
2017$485$10,850

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-4753272
3
/10
  • Camelback High School

  • 4612 N 28th St

  • 2.01 miles

  • Public District Grades 9-12

school-card-donut-4753273
9
/10
  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 2.52 miles

  • Public District Grades 9-12

school-card-donut-4753274
8
/10
  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 3.80 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,164. The most common annual income of people living in Phoenix, AZ is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2610 N 24th St

What is the listing price of this property?

The listing price of 2610 N 24th St property is $1,450,000.

What type of property is this?

The property 2610 N 24th St is a house located in Phoenix, Arizona, 85008.

Is this property for sale now?

Active Listing: 2610 N 24th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2610 N 24th St are:
Camelback High School: GreatSchools Rating 3/10
Phoenix Union Bioscience High School: GreatSchools Rating 9/10
Franklin Police and Fire High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $532 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2021 for $400,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2610 N 24th St is 1937.

Rocket HomesArizonaMaricopa CountyPhoenix850082610 N 24th St

This home is located at 2610 N 24th St in Phoenix, AZ and zip code 85008 in the Encanto neighborhood. This home was built in 1937. It has been listed on Rocket Homes since February 11, 2024 and is currently priced at $1,450,000.

Phoenix, AZ housing market in April 2024 saw over 306 listings sold above listed price, more than 374 sold at listed price and over 813 sold below. The number of listings in Phoenix, AZ increased by 2.5% between March 2024 and April 2024. In April 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $444,345.

From Rocket Homes Real Estate and based on county public records data.

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