About The Property

*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Three renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation.Read MoreRead Less
Courtesy of Levrose Real Estate 480-947-0600
Listing Snapshot
Days Online
203
Last Updated
Property Type
Multiple Dwellings
Year Built
1985
MLS Number
6974630
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Refrigerator, Free-Standing Electric Oven
Building
Built in 1985, Construction materials: Wood Frame, Stucco, 4 total units
Cooling
Electric, Heat Pump, Individual
Expenses
Insurance: $1,800, Maintenance: $1,600, Water sewer: $3,385
Floors
Tile, Laminate, Carpet, Vinyl
Heating
Heat Pump, Electric
Parking
<1 Space Per Unit, 8 total parkings
Property
Zoning: R-3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $1,724, Lot: 20
Utilities
APS
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30 Days Snapshot Of 85006
$432k
-8%
(avg) sold price
6
-45%
homes sold
152
+43%
(avg) days on market
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Monthly Payment
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