Capitol Addition Homes with No Carry New Financing

Welcome to Capitol Addition, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming subdivision is a perfect blend of urban convenience and suburban tranquility, making it an ideal choice for families, professionals, and retirees alike. With its tree-lined streets, friendly neighbors, and well-maintained parks, Capitol Addition offers a sense of community that is hard to find in today’s fast-paced world.

The homes in Capitol Addition are as diverse as its residents, featuring a mix of classic architecture and modern designs. Each property boasts unique characteristics, allowing you to find a home that truly reflects your style and needs. One of the standout features of this subdivision is the availability of homes with no carry new financing, making it easier for buyers to step into their dream home without the added stress of complex financial arrangements. This unique financing option opens doors for first-time homebuyers and those looking to invest in a property that promises both comfort and value.

Living in Capitol Addition means you’re just a stone’s throw away from the bustling downtown Phoenix, where you can enjoy a myriad of dining, shopping, and entertainment options. Additionally, the area is conveniently located near major highways, ensuring that commuting to work or exploring the stunning Arizona landscape is a breeze.

Whether you’re looking for a cozy retreat or a vibrant community to call home, Capitol Addition is the perfect place to set down roots. Come discover the charm and convenience that awaits you in this delightful Phoenix subdivision!

Newest Capitol Addition Homes with No Carry New Financing

$539,000

7039118 MLS

Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo) Cap Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades. 2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.

2002 W Jefferson Street, Phoenix

$899,900

6785949 MLS

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

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