1519 W DESERT COVE Avenue new

Phoenix,AZ 85029

$ 450000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Desert Cove Extension Lots 5-12, 21, 24-28

MLS Listing ID 6811485

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1970

Annual Tax Amount $929

Tax Year 2024

Lot Size 6,900 Sqft

Acres 0.16

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. 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!

Location

State AZ

County Maricopa

Community Desert Cove Extension Lots 5-12, 21, 24-28

Zoning M-M, R-3

Direction South on 19th Ave to Desert Cove, East to the property.

Interior

Heating Other,Electric

Cooling Other

Flooring Other

Exterior

Parking Features Other (See Remarks),Paved Parking

Fence Other

Roof Type See Remarks,Composition

Total Parking Spaces 3

Building

Dwelling Type Other (See Remarks)

Sewer Other,Public Sewer

Water Other,City Franchise

New Construction No

Others

Senior Community No

Tax ID 159-14-004-C

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