Tengen Place Addition Real Estate

Tengen Place Addition Real Estate

Welcome to Tengen Place Addition, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming subdivision offers a perfect blend of urban convenience and suburban tranquility, making it an ideal choice for families, professionals, and anyone seeking a welcoming community atmosphere.

Tengen Place Addition boasts a variety of well-designed homes, each reflecting the unique character of the neighborhood. With tree-lined streets and beautifully landscaped yards, residents enjoy a serene environment while still being just moments away from the bustling city life. The subdivision is conveniently located near major highways, ensuring easy access to downtown Phoenix and beyond.

Families will appreciate the proximity to top-rated schools, parks, and recreational facilities. With a range of outdoor activities available, from hiking in the nearby South Mountain Park to enjoying a leisurely afternoon at one of the local parks, there’s no shortage of ways to embrace the sunny Arizona lifestyle. Additionally, Tengen Place Addition is surrounded by a variety of shopping, dining, and entertainment options, providing residents with everything they need right at their fingertips.

Community spirit thrives in Tengen Place Addition. Neighbors often gather for seasonal events and block parties, fostering a strong sense of camaraderie and belonging. Whether you’re strolling through the neighborhood or enjoying a quiet evening on your porch, you’ll feel right at home in this delightful community.

Discover the charm of Tengen Place Addition, where comfort, convenience, and community come together to create a perfect place to call home in Phoenix, Arizona.

Newest Listings in Tengen Place Addition

$499,999
3 Beds ⋅ 2 Baths ⋅ 7027351 MLS
Welcome to this beautifully maintained 2018-built home in the heart of North Central Phoenix with NO HOA and stunning mountain views. Ideally located near popular hiking, biking, dining, and freeway access, this property offers the perfect blend of modern comfort and outdoor living. This thoughtfully upgraded home features 3 bedrooms, 2 bathrooms, soaring 9-foot ceilings, dual pane windows, upgraded interior finishes, and an open-concept layout designed for both everyday living and entertaining. The kitchen showcases white shaker cabinetry, granite countertops, stainless steel appliances, and abundant storage. Step outside to your private backyard retreat featuring a sparkling PebbleTec pool with water feature, expansive travertine patio, covered outdoor living space.

317 E Mountain View Road, Phoenix
$845,000
7 Beds ⋅ 404 Baths ⋅ 6935184 MLS
100% occupied - immediate income from all three residences Three-unit property - two three-bedroom units plus one casita $4,995 in total scheduled monthly income $19,219.29 in seller-reported recent improvements New 125-amp electrical panel and service upgrades Updated kitchens and bathrooms with attractive finishes Interior paint, doors, hardware, lighting and ceiling-fan improvements Individual washer and dryer in each unit Private residential setting with a shared BBQ and gathering area Strong North Phoenix location with established rental demand R-3 zoning on approximately 13,375 square feet of land Turnkey investment opportunity offering current stability and long-term potential Welcome to 316-322 E Vogel Ave, a fully occupied North Phoenix triplex offering immediate income, a desirable residential layout and substantial recent improvements. The property consists of two spacious three-bedroom residences plus one casita, providing a diversified unit mix that appeals to a broad tenant base. The current rent roll reflects $4,745 in monthly base rent plus $250 in utility and pet fees, producing total scheduled income of $4,995 per month, or $59,940 annually. All three residences are currently occupied, allowing an investor to acquire an income-producing property without an initial lease-up period. PROPERTY HIGHLIGHTS " Fully occupied three-unit investment " Two three-bedroom residences plus one casita " Approximately 3,691 square feet of building area " Approximately 13,375 square feet of land " R-3 multifamily residential zoning " Individual residential buildings offering tenants added privacy " Individual laundry facilities " Shared outdoor BBQ and gathering area " Convenient North Phoenix location within the 85020 ZIP code RECENT PROPERTY IMPROVEMENTS The most recent seller-provided capital-improvements summary reports $19,219.29 in repairs and upgrades. Improvements include: " New 125-amp electrical panel and electrical-service improvements " Interior repairs, texture and two-tone paint " Interior doors, closet doors, locks and hardware " Window repairs and replacement blinds " Kitchen cabinet refinishing, faucets, hardware and related improvements " Bathroom mirrors, accessories, fixtures and tub refinishing " Updated lighting and ceiling fans " Smoke and carbon-monoxide detectors " Garage motor and remote replacement " Sliding-door and closet improvements " General cleaning, safety and property-condition improvements The residences also feature updated kitchens and bathrooms, modern appliances, refreshed interiors and a combination of attractive tile and updated flooring. OUTDOOR AND STORAGE FEATURES A shared outdoor BBQ and gathering area provides residents with a comfortable space to relax and enjoy Arizona's outdoor lifestyle. Mature trees, shaded areas, brick walkways and low-maintenance landscaping contribute to the property's residential character. The property also includes two large gray storage sheds behind the casita and one permanent storage structure. These structures may provide additional storage utility or potential ancillary income, subject to buyer verification, lease terms and applicable municipal requirements. Seller has indicated that stored contents will be removed before closing. INVESTMENT OPPORTUNITY 316-322 E Vogel Ave combines full occupancy, three separate living environments, an established income stream and recent capital improvements. The mix of two three-bedroom units and one casita provides diversification while the separate-building configuration offers residents privacy that is uncommon in many small multifamily properties. This property may be well suited for an investor seeking an occupied North Phoenix multifamily asset with recent improvements and long-term income potential. Buyer to independently verify the rent roll, leases, income, expenses, improvements, permits, storage uses, property condition and all other facts and figures.

316 E Vogel Avenue, Phoenix
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