Mt Pleasant Tract Blocks 2-5 Homes with 1031 Exchange New Financing

Mt Pleasant Tract Blocks 2-5 Homes with 1031 Exchange New Financing

Welcome to Mt. Pleasant Tract Blocks 2-5, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming subdivision is an ideal blend of suburban tranquility and urban convenience, making it a perfect choice for families, professionals, and investors alike. Surrounded by the stunning desert landscape, Mt. Pleasant offers a serene setting while still being just a short drive from the bustling downtown Phoenix area, where you can enjoy a plethora of dining, shopping, and entertainment options.

The homes in this subdivision are designed with modern living in mind, featuring spacious layouts, contemporary finishes, and inviting outdoor spaces. Whether you’re looking for a cozy starter home or a larger family residence, Mt. Pleasant Tract Blocks 2-5 has something to suit every taste and lifestyle. Many properties also offer the exciting opportunity for 1031 Exchange New Financing, allowing savvy investors to maximize their real estate portfolios while enjoying the benefits of this desirable community.

With a friendly neighborhood atmosphere, Mt. Pleasant is perfect for those who appreciate a sense of community. Residents can enjoy nearby parks, excellent schools, and easy access to major highways for commuting. The stunning Arizona sunsets and clear blue skies will make you fall in love with this area even more.

If you’re ready to explore the possibilities that Mt. Pleasant Tract Blocks 2-5 has to offer, now is the time to make your move! Discover your dream home in this captivating Phoenix subdivision today.

Newest Mt Pleasant Tract Blocks 2-5 Homes with 1031 Exchange New Financing

$649,000
6938774 MLS 85006 Zip Code
**GARFIELD DISTRICT** is culturally-rich, w/HISTORICAL significance, mixed w/CONTEMPORARY community-life, PERFECTLY located IN-THE-HEART-OF-DOWNTOWN-PHOENIX's urban-landscape**EXCEPTIONAL-OPPORTUNITY** (2) units are 1 bd/1 bath & (2) units are Studio-flats~ALL units have GAS ranges, & FULL size STACKABLE washer/dryers~Units are submetered for Electric and Gas which Tenants pay~Each unit has Central air-conditioning systems~Duplexes & 4-Plexes in the area are selling upwards of $850K and vacant-lots in the area are listed over $1 million~This HISTORIC property was built-in 1960 & has been renovated throughout the years, it holds STRONG, cash-flow and LONG-TERM appreciation potential~This 4-Plex is A HIDDEN-GEM located in the reimagined, downtown, Phoenix, BOOMING rental-market! Located in the Garfield Historic District, one of the most desirable and rapidly evolving areas near Downtown Phoenix, this well-maintained 4-plex offers strong cash flow and long-term appreciation potential. Property Highlights: 4 total units (2) One-Bedroom / One-Bath units (2) Studio units Central air conditioning in all units Gas ranges Full-size stackable washer/dryers in each unit Electric and gas sub-metered (tenants pay utilities) Renovated and maintained over the years Investment Highlights: Strong potential rental-yield (7%) Located minutes from downtown employment, hospitals, universities, and entertainment High demand rental market in central Phoenix Comparable duplexes and four-plexes in the area selling over $800K Nearby redevelopment and vacant land listings exceeding $1M Value-Add Potential Opportunity to increase rents over time in a rapidly appreciating neighborhood Potential to further enhance units for additional upside Desirable location for long-term rental demand Location: Situated in the vibrant Garfield neighborhood, known for its historic charm, arts community, and proximity to downtown Phoenix, the property benefits from continued urban revitalization and strong tenant demand.  Ideal for investors seeking cash flow + appreciation potential in one of Phoenix's most dynamic central neighborhoods.

502 N 11th Street, Phoenix

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