Excellent investment opportunity! This single story multifamily building as section 8 tenants that have rent paid on time every month. Well maintained and close to major freeways and pubic transportation. Building shares a water meter and must be sold with 1640 E Palm. $XXXXXXX for both. Great Unit mix! 100% Occupied! Drive by only, please do not disturb tenants. Financials shown are for both buildings.
New paint inside and out, new landscaping with park like yard on E side with picnic tables and BBQ, additional tenant parking added, security cameras, and much more. These 2 bedroom one bath apartments have new kitchen cabinets, granite counters, and stainless steel appliances. The concrete floors are gorgeous. Lease includes Wi-FI, water, garbage collection and laundry (group laundry room).This 4plex was completely remodeled in 2015, except one unit scheduled for remodeling soon (by COE). This property can be purchased with the lot next door, allowing you to build an additional 3-4plex. See MLS #5393020
Prime urban fourplex centrally located near downtown Phoenix with easy access to both the 10 and the 51. All units were remodeled in 2014 including new plumbing, electric, AC, and windows. Mid-Century Modern feel on the exterior with sandblasted block. Kitchens feature granite slab counters and stainless steel appliances, including gas ranges. 20" tile floors throughout. Estimated cap rate of 6.5%. Do no disturb occupants. Showings will be arranged once contract in place.
This is the famous Coronado art house. This property boasts almost 2,000 SQFT of living space total. Guest house or second unit is attached with it's own kitchen great for mother or rental income. The property features a gorgeous swimming pool and detached 2 car garage. The main features an open floor plan with second floor bedroom loft with patio overlooking the pool with views of the mountains in the distance. This property has so much potential. You could even turn it into one single family home with a little imagination. Walk to the neighborhood favorites such as Duzas Kitchen, Tuck Shop, The Coronado, Etc. Property sold in As-Is conditionFor title please use: Kelly SilvaSecurity Title Agency3636 N Central Ave Ste 140Phoenix, AZ 85012Tel: (602)512-2733
Age: Over 50 Years Old
Amenities: Patio, Wet Bar, Security System, Security System
Location! Location! Located very close to schools and Phoenix Childrena(tm)s Hospital with its planned expansion. This neighborhood is developing and seeing rents as high as $800 on rehabbed buildings. Tenants love the proximity to employers and the 51 freeway. These 1980a(tm)s built block buildings feature all 2-bedroom units. One building is AC cooled; one has evaporative cooling. All are individually metered for electricity. Must be purchased with adjacent property 1757 E Harvard.
Location! Location! Located very close to schools and Phoenix Children's Hospital with its planned expansion. This neighborhood is developing and seeing rents as high as $800 on rehabbed buildings. Tenants love the proximity to employers and the 51 freeway. These 1980's built block buildings feature all 2-bedroom units. One building is AC cooled; one has evaporative cooling. All are individually metered for electricity. Must be purchased with adjacent property 1753 E Harvard.
Great income property! Property includes a single family residence (rents for $650/month), 2 studios (rents for $365/month and $425/month) and a 2 bedroom, 1 bath unit (rents for $550/month. Convenient location near the SR 51. Please do not disturb tenants. All facts, figures or measurements that are a material matter to Buyer to be verified by Buyer during the inspection period. Cap rate estimated at 10%.
Great INCOME opportunity!! Landlord has been the owner since 1981!!! Always maintained, this duplex has over 2,000 square feet. Each unit has two bedrooms and one bath. The front house has hardwood floors and a fireplace, and the back unit has central air and heating. Washer and dryer in laundry area available to tenants to share. Basement storage in front house and storage and back yard available for either unit. Each unit has a long term tenant.
Wow!Investors/speculators/Drive 7th St to Vanburen to see all the growth happening(Hot spot)minutes to Downtown ASU campus U of A campus and all the other infill development that is happening -projects are pounding away/ Just South is ASU prepatory campus/walking distance/minutes to Central also to Roosevelt Row Art District that happens monthly - Zoned R3 - 2 Individual 2 bdrm 1 bath units that were getting $450 in rent - you can if not tear down and build 3 units per 2,000 sq ft of lot space and build 2 story - check for approval for density and other info- Minutes North to I-10 to head west to sporting venues or head East - quick easy access- buy and keep to hold or renovate and lease out with generating income-this area is hot on infill develop - Property being sold ''AS IS''