Ignore DOM - Remaining 34 Units Left in Package. INVESTORS TAKE A LOOK! BULK 34 Total Units. 7 - Rare 3 Bed, 22 - 2 Bed, and 5 - 1 Bed Units. Onsite Leasing Office. Currently in Property Management Pool. AVG 98% Occupancy! GREAT LOCATION. JUST LOOK AT THE COMPS in the Area for Single Units and you will see the huge Value. Seller may entertain breaking up this package into smaller numbers. Full Financial Info Available. GREAT CAP RATE - Contact for Details.
Fabulous location. Rents are currently 10% below market. 12 two bedroom and 6 one bedroom units. Property has undergone recent renovations to include new roof over laundry room, all new security doors, three tone exterior paint, new stucco, exterior lighting on all sides of the building for security, many plumbing repairs, all new window screens, all A/C units were serviced and some replaced as needed, some new water heaters, and many other repairs and improvements. Great Central Phoenix infill location. Walking distance to central bus transfer station at 3rd St & Dunlap. Close to John C. Lincoln Hospital.
Wow seller is motivated!!! Cash cow!!! This is a value add project. All units are one bedrooms several units have been recently updated in with new tile paint. 3 units still need some updating as well as being finshed. All permits have been paid with blue prints. Needs about 10-20k more to finish this project! If fully rented this is over a 13% cap if self managed. But at 32k a door this is a great deal! The roofs have been done about 5 years ago.Coined washer and dryer seller owned convey for addtional income. All wall a/c units. All facts and figuers are approximate buyer verify MLS info
Investor's delight! Can buy 1-12 units. Nice package of 12 condos available for $26-28,000 each, can be purchased individually. All 12 units are tenant-occupied and 7 out of 12 are TWO-BEDROOM UNITS! They have a cap rate of 8.1%, generating a net operating income of $26,062. Rents average $607/month/unit. HOA dues average $258/month/unit, because utilities are included in the rent for the tenants, but there is plenty of cash flow in these condos, with a 8.1% cash flow return. Onsite management available or you can choose your own property manager that is offsite.This is a beautiful well-run, well-maintained complex. Must be a CASH purchase.
Fully Occupied - Low-Maintenance Tri-Plex across from Washington Elementary School - Great Location For Income Property!! New roof and AC units in 2011, freshly painted exterior in 2014, all units were remodeled in 2008. Units are all 2 Bed - 1 Bath. Units rent for $645 - $645 and $625 and have galley kitchen, newer tile, W/D hookups and large grassy backyards. Ample parking with small lot & on-street parking available. Additional financial data to be provided to buyer.
****DO NOT DISTURB TENANTS***DRIVE-BY ONLY****TENANTS RIGHTS. Buyer can do inspections once escrow is opened. Great 4 plex for sale. Average unit rents for $525 per month. All 4 units are currently rented. Shared laundry. Great investor opportunity!
GREAT PHOENIX FOUR PLEX. MOUNTAIN VIEWS ALL AROUND!! WELL MAINTAINED. VERY DESIRABLE LOCATION. LARGE LOT. BLOCK CONSTRUCTION. EACH UNIT BOASTS 2 BDRMS/ 1 BATH, SECURITY SCREEN DOOR, AND PRIVATE BACK PATIO. ADDITIONALLY, ALL 4 UNITS FACE AN INTERIOR COURTYARD WITH DESERT LANDSCAPE. TENANT OCCUPIED -- GOOD CONDITION & IDEAL FOR LEASING. EASY ACCESS TO 51 FWY & I-17 HWY OFF OF CAVE CREEK RD. & THUNDERBIRD/ CACTUS. FRY'S FOOD STORE, THE HOME DEPOT, CAROLINA'S MEXICAN FOOD, HAYDEN PLAZA NORTH, SCRAMBLE, PLUS POST OFFICE ALL NEARBY!! VERY CONVENIENT.
PRICE REDUCED, MOTIVATED SELLERS, Nicely remodeled duplex, There are 2 each 2 bedroom 1 bath apartments. Great mountain views, Extra storage, a lot of parking, new plumbing in baths and kitchens. Produces an additional $200.00 monthly due to easement situation.
Great Investment opportunity. Cash flow currently is approx $1700 per month. The main house was built in 1991 and has stucco exterior and approx 1100 SF 2 bedroom with nice newer tile flooring and some recent updates. (plus Covered patio and storage unit.) The other building is a single family home divided into two units. One is 1 bedroom 1.5 bath plus bonus room, approx 600 SF.with an original retro kitchen. The other unit is a 1 bedroom 1 bath very cute with newer tile flooring and updated stainless stove approx 500 SF. (2nd building was built in approx 1960) All 3 are on separate utility meters. The lot to the east is part of the parcel totaling approx. 20,000 SF. (Great potential for future build) Landlord currently pays some utilities, please ask for detail.
PLEASE DO NOT DISTURB THE TENANTS. DRIVE BY PROPERTY ONLY AND VIEW FROM OUTSIDE. Offer to be written and inspect the property during inspection period. FULLY RENTED DUPLEX. Great tenants that direct deposit rent. Well cared for Duplex. Both units are 2 bdrm 1 bath, average rent $600/mo which is below the market rental rates. Unit B remodeled with new A/C unit, Dual Pane windows, Bathroom updated, Kitchen updated, fresh paint, new blinds, cabinets, and appliances. Each unit has its own washer and dryer hookup. Each unit has one storage space and parking space under covered carport and additional space in driveway. Both units open to small private backyard. Beautiful mt views, surrounded by amenities -Library, park, and more. Great Investment Opportunity. Perfect for owner occupant.