5112 N 28th Drive, Phoenix, AZ 85017

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Sold Price
$725,000
List Price
$795,000
Closing Date
Mar 18, 2025
Days on Market
13
Status
CLOSED
MLS#
6821720
City
Phoenix
Subdivision
Homeland Block 1
Year Built
1974

Property Description

Discover Investment Potential Next to Grand Canyon University-Exterior Repairs Underway-Photos will follow Welcome to 5112 N 28th Dr, Phoenix, where opportunity meets convenience right next to Grand Canyon University. This triplex presents a lucrative investment opportunity with repairs currently underway, ensuring enhanced value and tenant satisfaction. Each unit is individually metered for electric, providing tenants with the convenience of managing their utilities independently. Covered parking adds a sought-after amenity, shielding vehicles from the elements and enhancing tenant comfort. The triplex boasts newer air conditioning units, offering efficient climate control to residents year-round. Discover Investment Potential Next to Grand Canyon University Welcome to 5112 N 28th Dr, Phoenix, where opportunity meets convenience right next to Grand Canyon University. This triplex presents a lucrative investment opportunity with repairs currently underway, ensuring enhanced value and tenant satisfaction. Each unit is individually metered for electric, providing tenants with the convenience of managing their utilities independently. Covered parking adds a sought-after amenity, shielding vehicles from the elements and enhancing tenant comfort. The triplex boasts newer air conditioning units, offering efficient climate control to residents year-round. Currently, the property enjoys full occupancy, reflecting its appeal and stable income potential. This high-demand location ensures a steady flow of prospective tenants, making it a strategic addition to any investor's portfolio. Don't miss out on this prime opportunity to capitalize on the thriving rental market near Grand Canyon University. Whether you're expanding your investment portfolio or seeking a reliable income stream, 5112 N 28th Dr promises exceptional returns and long-term value. Disclaimer: All repairs and property details subject to verification. Potential buyers advised to conduct their own due diligence.

Additional Information

High School
Alhambra High School
School District
Phoenix Union High School District
Community Features
No Pool
Construction
Stone, Slump Block
Cooling
Ceiling Fan(s), Heat Pump, Individual
Electric
APS, Individual Meter
Flooring
Carpet, Ceramic Tile, Concrete
Heating
Individual, Heat Pump
New Financing
Conventional
Parking Features
Paved, Free, Add'l Parking Avail, >1 Space Per Unit, On Street, Carport
Roofing
Composition
Sewer
Sewer-In & Connected, Public Sewer
Subdivision
Homeland Block 1
Taxes
$1,308
Tax Year
2024
Units
3
Water
Master Meter, City Franchise
Zoning
R3

Courtesy of Gerchick Real Estate. 602-688-9279 Selling Office: Gerchick Real Estate.

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