*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents… Read More are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. 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. All facts and figures are approximate, Buyer to verify to their own satisfaction. Read Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler 480-649-3536
Listing Snapshot
Days Online
29
Last Updated
Property Type
Multiple Dwellings
Year Built
1985
MLS Number
6974630
30 Days Snapshot Of 85006
$474k
+7%
(avg) sold price
6
-57%
homes sold
100
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
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: $2,000, Maintenance: $2,000, 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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