Phoenix, AZ 85014,901 E Claremont Street
Phoenix, AZ 85014,901 E Claremont Street
Phoenix, AZ 85014,901 E Claremont Street
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$1,630,000
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Price Dropped by $165K

901 E Claremont Street Phoenix, AZ 85014

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UPDATED:

11/13/2024 09:41 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6669370

Maintenance Fees $3,500

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1962

Annual Tax Amount $4,529

Tax Year 2023

Lot Dimensions 0.39

Property Description

Advantageously placed just north of the 7th Street and Bethany Home Road
intersection and immediately across the street from Madison Traditional Academy, 901 E Claremont St is an apartment community primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers.

Built in 1962, 901 E Claremont St is comprised of studio, two, and three-bedroom floorplans covering an average of ±1,053 square feet with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units at each location primed for an elevated upgrade package resulting in an expected premium of ±$200 per month already proven in the immediate submarket.

Location

State AZ

County Maricopa

Zoning R-3

Interior

Heating Individual, Ceiling

Cooling Individual, Electric, Ceiling Fan(s)

Flooring Carpet, Vinyl

Appliance F/S Oven/Range

Exterior

Garage >1 Space Per Unit

Community Features No Pool

Waterfront No

Roof Type Composition

Total Parking Spaces 10

Building

Sewer Public Sewer

Water City Franchise

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 161-15-068-H

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange


Arizona Regional MLS (ARMLS)
Listed by Marcus & Millichap

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Christie Ellis

Associate Broker, Team Lead

+1(480) 201-3575

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901 E Claremont Street