The seller is offering financing on this historic moneymaker! Las Casitas is situated just blocks from the State Capitol complex in Downtown Phoenix. Don't miss this opportunity to purchase a fully rehabbed complex of charming bungalows, most with their own covered carport. On-site leased laundry equipment brings additional income. This block constructed property is low maintenance and bullet-proof with concrete floors, desert landscaping, new HVAC, roofs, electric, and plumbing. Enjoy super-low expenses going forward. You simply cannot find this kind of seller-financed deal in the current Phoenix market! --- The seller's default terms are 30% down, 3 year term, 6% interest, 25 year amortization ---
GROSS CAP RATE ** 10.6% **FULL CITY APPROVED 6PLEX PROJECT READY TO BE BUILT!! 3 bed 1 bath units (640 sqft each). This is a great opportunity to build and own a cash cow. The project is to be built out of shipping containers or can be switched back to traditional brick and stick construction. Average rents are estimated at $950 per unit. Price includes completed project.Jump on this one it will not last!!
Nicely Updated and Fully Leased 8 plex, close to downtown Phoenix and ASU campus. This building has 7 units with VA contracts and another with a long term good standing Tenant. This building has a new roof, new exterior front paint and newer HVAC units. The plumbing and electrical is not original either. This is an excellent investment with low maintenance. Please drive by only and do not disturb Tenants.
Built in 1940, this block construction fourplex is very well maintained and located in the charming Encanto area. The units feature remodeled tile flooring, new cabinets and countertops, and glass block windows. In addition, this fourplex has been updated with all new copper plumbing. Don't miss out on this opportunity to own a quality fourplex in a high rental area!
This vintage duplex has undergone a complete restoration, with all work performed by licensed contractors and inspected by the City of Phoenix. The property is on the Historic Register. It features polished hardwood floors, loft style exposed brick in one of the living rooms; and the kitchens in both units have had the cabinetry and counters replaced. HVAC features two gas packs with all ductwork replaced as well. Electrical panel and wiring redone to City code. The supply plumbing has been completely re-piped, and all drain lines replaced including the main sewer line to the alley. Likewise, all gas lines have been re-plumbed. It's hard to find a Vintage property so lovingly restored. Terrific location withing walking distance of Downtown amenities and light rail.
Excellent investment opportunity in Historic Fairview Place! Great unit mix with 3 two bed units and 1 one bed unit! Easy to rent and there is upside on the rents! Remodeled and done right! Windows meet Historic requirements and they are dual pane! Newer roof and HVACs! Tile floors throughout! Updated electric! Lots of great stuff here! Buyer to verify all items during the due diligence period. Rents just increased on two units! Two units at $515, one at $495 and Unit 4 is on the market for $425. Subject to official cancellation of current escrow.
Looking for a great return on your investment? Look no further, these units are cash flow positive, in a central location, easy to rent and ready for you! Recent new roof and updated flooring in 2 of the 3 units. Spacious and open floor plans are ideal. Live in one and let the other two pay your mortgage and put money in your pocket.
This amazing investment features 3 single family homes all on one lot. All units are rented, one long time renter and 2 newer ones, all on month to month leases. The neighborhood is in a recently declared Historic District and all 3 homes have been brought up to code with nearly $17,000 in upgrades and renovations within the last 6 months. Water and Utilites are all metered separately. Long term tenant is landscaper and maintains property. Great hassle-free investment opportunity!
FIRST TIME HOME BUYER DREAM. LIVE IN THE 2/2 FRONT HOME AND RENT OUT THE BACK !/1 GUEST HOUSE. THE 2/2 HOME IS MID REMODEL AND CAN BE READY TO MOVE IN OR CAN BE FINISHED BY BUYER. THE HOUSE IN BACK ARE ALSO MID REMODEL AND CAN BE MOVE IN READY. AMPLE PARKING FOR ALL. LIVE NEAR DOWNTOWN PHX., NEAR FREEWAYS (I-17, I-10),NEAR SCHOOLS, STORES, RESTAURANTS.