1318 E Culver Street, Phoenix, AZ 85006
- $766,500
- List Price
- $766,500
- Price Change
- ▼ $500 1781552864
- Days on Market
- 169
- Status
- PENDING
- MLS#
- 6974630
- City
- Phoenix
- Subdivision
- Burroughs
- Year Built
- 1985
Property Description
*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Three renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.
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Additional Information
- Community Features
- See Remarks
- Construction
- Wood Frame, Stucco
- Cooling
- Heat Pump, Electric, Varies by Unit
- Electric
- APS
- Heating
- Electric, Heat Pump
- New Financing
- Conventional, Cash
- Parking Features
- <1 Space Per Unit
- Roofing
- Composition
- Subdivision
- Burroughs
- Taxes
- $1,724
- Tax Year
- 2025
- Tenant Pays
- Electricity
- Units
- 4
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of Levrose Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.