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.
An income producing property that's easy to own and easy to manage. From its location, unique characteristics, condition, to the tenant mix - a great hands-off income focused property with little need for owner engagement. No utilities to pay. All tile and wood-type floors: no carpets. Each unit has a individual private laundry. 2 kitchens + 2 baths remodeled. 2 other units in very good condition. EACH UNIT is INDIVIDUALLY METERED for ELECTRICITY AND more importantly WATER. Very few such fourplexes exist in Phoenix - this is one of them. This saves about $200 per month and puts the deed of conservation on the tenants.Low maintenance all desert landscaping, yet it's lush and attractive.
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.
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.
Look at CAP Rate! 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. Large lot with 2 FULLY RENTED homes and lot is large enough and zoned for an additional duplex on property. Great long term tenants. New roof on front unit, new A/C's and exterior paint on both units. Back unit, 1 bedroom 1 bath completely remodeled with new cabinets, appliances, and paint. Private gated yard; rent $555/mo. Front unit, 2 bedroom 1 bath interior not recently remodeled, has additional storage unit; rent $690 per month. 2 driveways with plenty of parking. Beautiful mt views, surrounded by amenities -Library, park, and more. Electric and gas separate meters, owner pays water. Great Investment Opportunity!
GREAT INVESTMENT OPPORTUNITY! FRONT HOUSE IS A TWO BEDROOM ONE BATH. THIS UNIT HAS NEWER WINDOWS AND 2 NEW AC UNITS (JAN '14). HAS HARDWOOD FLOORS, FRIDGE AND SPLIT BEDROOMS. SMALL REAR HOUSE IS ONE BEDROOM ONE BATH, 1 AC UNIT (APPROX 5 YEARS OLD), WALL HEATER & 3 GOOD SIZE SHEDS WITH A ONE CAR DETACHED CARPORT PLUS EXTRA UNCOVERED PARKING.SEPARATE ELECTRIC. NEEDS SOME UPDATING AND TLC.PARTIAL REMODEL DONE APPROX. 8 YEARS AGO.ENTRY FOR BOTH HOUSES OFF OF 5TH STREET. DO NOT DISTURB TENANT IN 1 BED/1BATH UNIT. PROPERTY Sold 'AS IS' WITHOUT WARRANTY.OWNER HAS BEEN PAYING 1st $40 OF WATER. TENANT PAYS ELECTRIC.
NOW A SHORT SALE-BRING YOU BEST OFFER-CASH PREFERRED-GREAT LITTLE DUPLEX-2 BEDROOM 2 BATH 1949 CLASSIC MAIN HOUSE WITH HARD WOOD FLOORS AND FIREPLACE*LOT;S OF CHARM & CHARACTER*PLUS DETACHED 1 BEDROOM 1 BATH WITH IT'S OWN KITCHEN AND FENCED YARD*PERFECT IN LAW SET UP OR USE IT AS A RENTAL AND HAVE A GREAT INCOME PROPERTY*NICE NORTH CENTRAL LOCATION WITH A LARGE PARK ACROSS THE STREET.