Movoto Real Estate
Sold on 07/05/2022

3127 E Glenrosa Ave, Phoenix, AZ 85016

  • $1,110,000

    Last sold 07/05/2022 after 134 Days

  • 6

    bed

  • 3

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 3127 E Glenrosa Ave

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Property description
Attention INVESTORS! Amazing opportunity to add this income producing, turnkey triplex to your portfolio. PRIME location close to Biltmore, Camelback Corridor, easy access to 51 freeway, restaurants, upscale shopping, and hiking trails. 11 minutes from Sky Harbor International Airport. Fully remodeled three large 2 bedroom/2 bath units (each around 950sf) each with in suite washer & dryer, covered patio off dining area, 1 covered parking spot and extra storage off carport for each unit. Roof and HVAC replaced approx. 8 years ago. All units have new modern kitchens and bathrooms, upgraded tile flooring throughout. All appliances convey with the sale. Continue renting as long term unfurnished (current market rates are $2000+ for 2/2 units) or furnish and turn this amazing property into short term rental to maximize profits. Low maintenance desert landscaping, no HOA. Separate electric meters. Owner pays for water/sewer/garbage. Beautiful residential area.
Listed by
Listing Agent - Malgorzata Baker
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#6358534 • last updated 1 year ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Electric
MLS # 6358534
Type Multiple Dwellings
Status Closed
Property Tax 2231
Year Built 1962
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Other, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block
Parking Paved, Free, Add'l Parking Avail, 1 Space/Unit, Carport
# of Open Parking Spaces 3
# of Covered Spaces 3
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision ADA ACRES
Community Features No Pool
Elementary School Madison Elementary School
Elementary School District Madison Elementary District
Middle School Madison Park School
High School District Phoenix Union High School District
High School Camelback High School
APN 163-01-051
Zoning R-3
Directions North On 32nd St To Glenrosa Ave, West On Glenrosa To The Property On The Corner
Multifamily Details
Total # of Units 3
Expense: Operating 6411
Financial Data Source Owner, Projected Proforma
Expense: Insurance 1700
Net Operating Income 65589
Gross Income 72000
Expense: Water/Sewer 1680
Gross Scheduled Income 72000
Expense: Gardener 800
We are not permitted to show value estimates for this property.
  • Jul 2022
    Public Records
  • Jul 5, 2022 Sold
    $1,110,000
  • Jul 2022
    mls logo MLS # 6358534
  • Jul 5, 2022 Sold
    $1,110,000 (-3.5%)
  • Jun 29, 2022 Pending
  • Jun 1, 2022 Price Change
    $1,150,000 (-8.0%)
  • Apr 23, 2022 Price Change
    $1,250,000 (-7.4%)
  • Apr 8, 2022 Price Change
    $1,350,000 (-6.9%)
  • Mar 8, 2022 Price Change
    $1,450,000 (-5.2%)
  • Feb 22, 2022 Listed
    $1,530,000 (+519.4%)
  • Jul 2013
    Public Records
  • Jul 23, 2013 Sold
    $247,000 (+30.0%)
  • Feb 2003
    Public Records
  • Feb 5, 2003 Sold
    $190,000
  • 3127 E Glenrosa Ave
    $1.11M
  • Camelback East
    $762K
  • 85016
    $565K -1% y/y
  • Phoenix
    $469K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
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Source: GreatSchools.org © 2026. All rights reserved.

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