UNDER CONTRACT-1753 E Harvard St Phoenix AZ 85006 $795,000 All 2 bedroom plus office room. Storage and onsite Laundry for additional Income

1753 E Harvard St Phoenix AZ 85006 $795,000 All 2 bedroom plus office room. Storage and onsite Laundry for additional Income

The Property

**Investment Opportunity: 1753 E Harvard – Prime Garden-Style Property**

Discover an exceptional investment opportunity with this well-maintained garden-style property at 1753 E Harvard, featuring a total of 8 units across two contiguous fourplexes, each on separate parcels. Priced per fourplex, this offering qualifies for residential financing, making it a prime choice for savvy investors looking to capitalize on a stable income stream.

**Property Highlights:**
– **Year Built:** 1984
– **Unit Composition:** 100% 2-bedroom / 1-bath units, each with an additional office space/study room.
– **Exterior Features:** Each unit includes large front patio areas, open backyard spaces, and ample front parking.
– **Utilities:** Individually metered for electricity.
– **Additional Income Potential:** Owner-operated laundry facilities in each building and storage rooms for each unit.

**Value-Add Opportunity:**
The property presents a light value-add opportunity through interior remodels, which could enhance tenant appeal and increase rental income.

**Prime Location Benefits:**
– **Close Proximity to Phoenix Children’s Hospital:** Perfect for families seeking convenient access to top-notch pediatric care.
– **Nearby Amenities:** Minutes away from Phoenix Country Club, Coronado Park, and vibrant Downtown Phoenix.
– **Transportation Access:** Easy access to Route 51 Freeway and Phoenix Sky Harbor International Airport.

This garden-style property not only offers a solid investment with its attractive unit mix and valuable features but also provides extra income potential through the owner-operated laundry facilities. With its prime location and opportunities for value enhancement, this property is an ideal addition to any real estate portfolio.

**Please Note:** Buyers are advised to verify all facts and figures. Seller financing is not available. Interior inspections will be conducted on accepted contracts only. Please drive by only and do not disturb tenants.

**Contact us today to learn more about this outstanding investment opportunity!**

Virtual Tour-Check it out!

If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?

Location

**Explore the Vibrant Community Around 1753 E Harvard**

The area surrounding 1753 E Harvard is bustling with a variety of employment opportunities, recreational activities, and essential amenities, making it an attractive location for residents. The neighborhood benefits from its close proximity to key employers and institutions, ensuring convenience for those who live and work in the region. Notably, Phoenix Children’s Hospital, a leading pediatric care facility, is just a short drive away, providing ample employment opportunities in the healthcare sector. Additionally, nearby businesses and commercial centers offer a diverse range of job prospects across various industries, enhancing the area’s appeal to professionals seeking a dynamic work environment.

For those who enjoy leisure and cultural activities, the location is a hub of excitement. Phoenix Country Club, renowned for its prestigious golf course and exclusive amenities, is nearby, offering both recreational opportunities and a vibrant social scene. Additionally, Coronado Park, a local favorite, provides a lush green space for outdoor activities, picnics, and community events, making it a popular spot for families and individuals alike. The park’s facilities cater to various interests, including sports, playgrounds, and scenic walking paths.

The vibrant downtown Phoenix area, just a short drive away, further enriches the local lifestyle with its array of dining, shopping, and entertainment options. From trendy restaurants and boutique shops to lively arts and music venues, downtown Phoenix offers something for everyone. The city’s dynamic atmosphere is perfect for those who appreciate cultural events and a bustling urban environment, while still enjoying the tranquility of a residential neighborhood.

Residents also benefit from excellent access to transportation. The nearby Route 51 Freeway and Phoenix Sky Harbor International Airport make commuting and travel exceptionally convenient. Whether it’s a daily commute to work or an international getaway, the strategic location ensures that travel is both efficient and hassle-free.

In summary, the area around 1753 E Harvard offers a well-rounded lifestyle with its blend of employment opportunities, recreational activities, and convenient access to amenities. Its proximity to major institutions, vibrant cultural scenes, and reliable transportation options make it an ideal location for those seeking a balanced and engaging living experience.

$795,000

Sale Price

$71,159

Proforma Effective Income

$11,206

Operating Expenses

$59,953

Proforma Net Operating Income

7.54%

Proforma Cap Rate

$795,000

Sale Price

$51,557

Effective Operating Income

$11,206

Operating Expenses

$40,351

Net Operating Income

5.08%

Cap Rate

Offering Memorandum and Marketing Flyer

To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.

Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.

If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.

Thank you for considering our investment opportunity, and we hope to hear from you soon!

One Page Flyer Offering Memorandum