Excellent Central Phoenix investment opportunity! Updated 5-unit multifamily property featuring spacious 2BD/1BA units. Units offer updated kitchens, bathrooms, flooring and appliances. Property includes covered parking, private outdoor areas and low-maintenance landscaping. Additional value-add opportunity with existing bonus space that could potentially be converted into an on-site laundry facility, creating an… Read More additional revenue stream while providing a desirable tenant amenity and supporting future rent growth. Alternatively, the space could be utilized as tenant storage for additional monthly rental income. Convenient Central Phoenix location near 15th Ave & Indian School Rd with easy access to Downtown Phoenix, freeways, shopping, dining and public transportation. Read Less
Courtesy of Gile Commercial Real Estate 602-980-3171
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multiple Dwellings
Beds
10
Year Built
1959
MLS Number
7063520
30 Days Snapshot Of 85015
$417k
+7%
(avg) sold price
17
-37%
homes sold
75
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Built-In Range, Refrigerator, Washer/Dryer
Building
Built in 1959, Construction materials: Painted, Block, 5 total units
Cooling
Electric, Individual
Expenses
Water sewer: $4,500
Floors
Vinyl
Heating
Individual, Electric
Parking
1 Space/Unit, Carport, 5 total parkings
Property
Zoning: R-5
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $2,669, Lot: 2
Utilities
Individual Meter
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