MLS# 6847366 - 721 W Cinnabar Avenue, Phoenix, AZ 85021
Courtesy of Gerchick Real Estate
Property Type:
Multiple Dwellings
Status:
Active
Year Built:
1947
Neighborhood:
Ironwood Place
Days On Website:
153
Property Details for 721 W Cinnabar Avenue, Phoenix, AZ 85021
Description
Discover investment potential at 721 W Cinnabar, a promising triplex nestled in a vibrant neighborhood. This property boasts a laundry room and newer roofs, ensuring low maintenance costs for discerning investors. Adjacent is a six-unit property also available for sale, offering expanded portfolio opportunities. Strong possibility to build more units. Currently occupied by Government Assisted Leases, this triplex guarantees consistent income, with payments reliably arriving on the first of every month. Situated on a spacious lot, there's ample room for potential development, presenting a lucrative opportunity for expansion or enhancement. Buyers are encouraged to verify all facts and figures independently to capitalize on this exceptional investment opportunity. Don't miss out Proximity: Light Rail: The 85021 area is conveniently located near the Valley Metro Light Rail, providing easy access to public transportation throughout the Phoenix metropolitan area. Interstate 17 (I-17): Close proximity to Interstate 17 facilitates quick access to downtown Phoenix and other parts of the valley. Employment Base: The area around 85021 is supported by a diverse employment base, including sectors such as healthcare, education, technology, and service industries. Hiking and Outdoor Recreation: Residents can enjoy outdoor activities with nearby access to hiking trails in scenic locations such as North Mountain Park and Shaw Butte. Entertainment and Dining: The 85021 area offers a variety of entertainment options, including shopping centers, restaurants, and cultural venues, ensuring a vibrant local scene. Public Transportation: Bus Routes: Several bus routes serve the 85021 area, enhancing connectivity for commuters and residents alike.
Open House
Features
Appliances & Equipment
- "Refrigerator"
- "Free-Standing Gas Oven"
Building
- Built in 1947
- Construction materials: "Wood Frame", "Painted", "Block"
- 3 total units
Cooling
- "Ceiling Fan(s)"
- "Electric"
- "Individual"
Expenses
- Electric: $2,000
- Insurance: $1,250
- Maintenance: $750
- Water sewer: $1,000
Floors
- "Carpet"
- "Ceramic Tile"
- "Vinyl"
Heating
- "Individual"
- "Heat Pump"
Listing
- Listing ID: 6847366
- Standard status: Active
- 154 days on market
Location
- Subdivision name: IRONWOOD PLACE
Parking
- "RV Access/Parking"
- "Free"
- "Add'l Parking Avail"
- ">1 Space Per Unit"
- "Boat"
- 6 total parkings
Property
- Zoning: R-3
Roof
- "Composition"
Schools
- High school district: Glendale Union High School District
Sewer
- "Public Sewer"
Taxes
- Annual amount: $610
- Lot: 18
Utilities
- "APS"
- "Individual Meter"
Property Map
Map View
$500,000 - 721 W Cinnabar Avenue, Phoenix, AZ 85021
Street View
Directions
721 W Cinnabar Avenue
Phoenix, AZ 85021
Subdivision name: IRONWOOD PLACE
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This content last updated on September 7, 2025 12:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.