About The Property

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.
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
389
Last Updated
Property Type
Multiple Dwellings
Year Built
1935
MLS Number
7039118
M. Logan
Top 2% performing AZ broker
Agent profile image

Additional Details

Explore more property details

Appliances & Equipment
See Remarks
Building
Built in 1935, 5 total units
Cooling
See Remarks
Expenses
Insurance: $4,596, Maintenance: $4,000, Water sewer: $4,500
Heating
See Remarks
Parking
Add'l Parking Avail, On Street, 5 total parkings
Property
Zoning: R-3
Sewer
Public Sewer
Taxes
Annual amount: $906, Lot: 24
Utilities
Other (See Remarks)
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
30 Days Snapshot Of 85009
$231k
-24%
(avg) sold price
9
-43%
homes sold
50
-35%
(avg) days on market
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$0

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.