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 ---
Recently renovated, fully occupied 14 one bedroom one bath units with tile floors and bathrooms, newer AC units, appliances, hw heaters, and paint. Gated entry, security doors, cameras, free laundry facilities and community garden. CAP Rate at 10.26%.
Age: 31-40 Years Old
Amenities: Patio, Security System, Security System
R-5 zoned property! Previously used as a successful hostel/B&B. Two homes on 1 lot. Main house built in 1951 with 1821 sq.ft. with 3 bedrooms and 2 bathrooms. Guest house built in 1945 with 745 sq.ft studio. Live in one use other as a business and/or two great rentals. Main house offers oversized neutral tile in the walkways, kitchen and bathrooms. Huge kitchen with alder cabinets, granite counter tops and large island. Great room with bamboo flooring and french doors that lead you to the outside patio. Guest house offers bamboo floors in the living area. Neutral tile in the kitchen and bathroom. Oversized 3 car garage with custom wood-clad doors, skylights and a wall unit a/c. Enormous separate storage area in the garage which could work as an additional office and/or storage.
'Fairview' historic district red brick four plex with curb appeal. Upgrades include heat pumps, tile showers, tile flooring in three units and refinished wood floors in one unit. Lower portion of roof is new. Close to the I-10, I-17 and fairgrounds, and the downtown arts district.
The seller will carry on this rare income property in the Encanto Historic District! This beautiful red brick historic building was built in 1953 and consists of four one-bedroom units. These units are easy to rent and feature kitchens and baths with the original charm of Encanto. Units are individually metered with individual heat pumps. Each unit has its own covered parking space. There is ample opportunity to add value and raise rents or convert to commercial use. Individual back yards could easily be added. Improvements include heat pumps, water heaters, copper plumbing, and electric panels all upgraded in the 2005-2006 time frame. Residents enjoy proximity to the Phoenix downtown arts districts, light rail, and award-winning restaurants.
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.
Terrific investment opportunity. Updated 4-plex that's fully rented. Two buildings with 4 units have 4 newer AC units, newer ''40 year'' roof and much more. Recently updated patios, sidewalks & common areas. Updated front gate & new mailbox too. Unit 4 (shown in pictures) also freshly painted. More details & records available.
Excellent investment opportunity in Historic Fairview Place, but without the historic requirements! Remodeled units. Lots of rental upside! Nice courtyard atmosphere! Always full! New roof on one building in 2014. Tile floors throughout! Easy to rent! Just put out the sign and you get calls! Buyer to verify all items during the due diligence period. Seller just increased rents! Three units at $390 and one at $375.
Excellent investment opportunity in Phoenix! There are many properties in the area that are either new, or have been remodeled/rebuilt as part of the Phoenix Revitalization project. Tenant rich area with plenty of jobs and public transportation nearby. These buildings have all been recently remodeled and look great on the inside! Units that do not already have tenants are tenant/move in ready! If you do not have a Realtor or would like to work with the Listing Agent directly please call Jason Stevens at 480-772-9828.3 Identical Properties all next door to each other are individually for sale. MLS# 5350239 & 5350460 also for sale.