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721 W Cinnabar Avenue

Phoenix, AZ 85021
  • $600,000
  • STATUS: Active
  • ID#: 6847366
UPDATED: 29 min ago
$600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Area:

School Ratings & Info

Description

Real Estate Marketing Description: Discover investment potential at 721 W Cinnabar, a promising triplex nestled in a vibrant neighborhood. This property boasts a laundry room and newer roofs, ensuring low maintenance costs for discerning investors. Adjacent is a six-unit property also available for sale, offering expanded portfolio opportunities. Currently occupied by Government Assisted Leases, this triplex guarantees consistent income, with payments reliably arriving on the first of every month. Situated on a spacious lot, there's ample room for potential development, presenting a lucrative opportunity for expansion or enhancement. Buyers are encouraged to verify all facts and figures independently to capitalize on this exceptional investment opportunity. Proximity:  Light Rail: The 85021 area is conveniently located near the Valley Metro Light Rail, providing easy access to public transportation throughout the Phoenix metropolitan area.  Interstate 17 (I-17): Close proximity to Interstate 17 facilitates quick access to downtown Phoenix and other parts of the valley. Employment Base:  The area around 85021 is supported by a diverse employment base, including sectors such as healthcare, education, technology, and service industries. Hiking and Outdoor Recreation:  Residents can enjoy outdoor activities with nearby access to hiking trails in scenic locations such as North Mountain Park and Shaw Butte. Entertainment and Dining:  The 85021 area offers a variety of entertainment options, including shopping centers, restaurants, and cultural venues, ensuring a vibrant local scene. Public Transportation:  Bus Routes: Several bus routes serve the 85021 area, enhancing connectivity for commuters and residents alike.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2025-05-21T16:15:06.25.
www.arizonahomesearch.com/homes/162300112
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721 W Cinnabar Avenue Phoenix, AZ 85021

  • Price: $600,000
  • Status: Active
  • On Site: Days
  • Updated: 29 min ago
  • ID#: 6847366
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1947
Built
Neighborhood:
Ironwood Place
County:
Maricopa
Area:
Phoenix
Property Description
Real Estate Marketing Description: Discover investment potential at 721 W Cinnabar, a promising triplex nestled in a vibrant neighborhood. This property boasts a laundry room and newer roofs, ensuring low maintenance costs for discerning investors. Adjacent is a six-unit property also available for sale, offering expanded portfolio opportunities. Currently occupied by Government Assisted Leases, this triplex guarantees consistent income, with payments reliably arriving on the first of every month. Situated on a spacious lot, there's ample room for potential development, presenting a lucrative opportunity for expansion or enhancement. Buyers are encouraged to verify all facts and figures independently to capitalize on this exceptional investment opportunity. Proximity:  Light Rail: The 85021 area is conveniently located near the Valley Metro Light Rail, providing easy access to public transportation throughout the Phoenix metropolitan area.  Interstate 17 (I-17): Close proximity to Interstate 17 facilitates quick access to downtown Phoenix and other parts of the valley. Employment Base:  The area around 85021 is supported by a diverse employment base, including sectors such as healthcare, education, technology, and service industries. Hiking and Outdoor Recreation:  Residents can enjoy outdoor activities with nearby access to hiking trails in scenic locations such as North Mountain Park and Shaw Butte. Entertainment and Dining:  The 85021 area offers a variety of entertainment options, including shopping centers, restaurants, and cultural venues, ensuring a vibrant local scene. Public Transportation:  Bus Routes: Several bus routes serve the 85021 area, enhancing connectivity for commuters and residents alike.
Exterior Features

Attached Garage YN No Construction Materials Wood FramePaintedBlock Covered Spaces 0 Open Parking Spaces 6 Parking Features RV Access/ParkingFreeAdd'l Parking Avail>1 Space Per UnitBoat Road Surface Type AsphaltCurb(s) & Gutter(s)Sidewalk(s) Roof Composition

Interior Features

Cooling Ceiling Fan(s)ElectricIndividual Cooling YN Yes Heating IndividualHeat Pump Heating YN Yes Interior Features []

Property Features

Community Features See RemarksNo Pool Current Financing [] Disclosures Other (See Remarks)Seller Prop Disc StmAPOD/Backup AvaibleSch of Personal Prop Flood Zone TBD Flooring CarpetCeramic TileVinyl Gross Income 582 Listing Terms No CarryConventional Maintenance Expense 750 Owner Pays GasElectricityTrash CollectionWaterSewerLandscaping Ownership Fee Simple Project Type Triplex Yes Sewer Public Sewer Tax Annual Amount 610 Tax Year 2024 Water Source Master MeterCity Franchise Zoning R-3

Arizona Regional MLS logo Listing provided by Gerchick Real Estate: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2025-05-21T16:15:06.25.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718