About The Property

Turn-key stabilized Central Phoenix 4-plex in a proven rental corridor. Comprised of a freestanding 2-bed/1-bath home plus three 1-bed/1-bath units, offering diversified unit mix and strong in-place tenancy. All units offer modern kitchens and baths, tile flooring, recessed lighting and north/south exposure. Recent capital improvements include full termite treatment with transferable warranty, major HVAC updates, new water heater 2024, exterior paint 2021 and seal/coat driveway 2023. Owner pays gas (2 water heaters) and water/sewer; tenants pay electric, cable, etc. No HOA. Consistent occupancy history and proximity to the Camelback and Biltmore corridors. Dedicated parking at back of community. Durable infill location with long-term appreciation and rental growth potential.
Courtesy of Cambridge Properties 602-493-5100
Listing Snapshot
Days Online
44
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6987958
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
"Built-In Range", "Disposal", "Dishwasher", "Refrigerator", "Microwave"
Building
Built in 1960, Construction materials: "Brick Veneer", "Painted", "Block", "Brick", 4 total units
Cooling
"Electric"
Expenses
Fuel: $545, Insurance: $2,796, Maintenance: $7,400, Water sewer: $2,733
Floors
"Ceramic Tile"
Heating
"Natural Gas"
Parking
"Paved", ">1 Space Per Unit", 7 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,638, Lot: 16
Utilities
"APS"
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30 Days Snapshot Of 85014
$600k
+12%
(avg) sold price
23
-17%
homes sold
91
+3%
(avg) days on market
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Monthly Payment
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