Mt Pleasant Tract Blocks 2-5 Homes with Conventional New Financing

Mt Pleasant Tract Blocks 2-5 Homes with Conventional New Financing

Welcome to Mt Pleasant Tract Blocks 2-5, an enchanting subdivision nestled in the heart of Phoenix, AZ, within the vibrant Maricopa County. This hidden gem is perfect for those seeking a blend of suburban tranquility and urban convenience. With its picturesque landscapes and friendly community atmosphere, Mt Pleasant offers a unique opportunity for families, professionals, and retirees alike.

The homes in this subdivision are designed with modern living in mind, boasting spacious layouts, contemporary finishes, and a variety of architectural styles. Whether you’re looking for a cozy starter home or a larger residence for your growing family, Mt Pleasant has something to suit every taste and budget. Notably, these homes are eligible for conventional new financing, making it easier for prospective buyers to step into their dream home without the hassle of complicated financing options.

Residents of Mt Pleasant Tract enjoy close proximity to a wealth of amenities, including parks, shopping centers, and dining options. The area is well-connected to major highways, ensuring that you can easily access all that Phoenix has to offer—from cultural attractions to outdoor adventures.

In addition to its convenient location, the subdivision fosters a strong sense of community, with friendly neighbors and local events that bring everyone together. Imagine weekend barbecues in your backyard, morning jogs through scenic parks, and evenings spent enjoying the stunning Arizona sunsets.

Explore the charm of Mt Pleasant Tract Blocks 2-5, where your dream home awaits amidst the beauty of Phoenix living!

Newest Mt Pleasant Tract Blocks 2-5 Homes with Conventional 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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