South Phoenix multifamily 8 unit investment property spread out over four separate two level/2 unit buildings. This residential neighborhood is under three miles to highways I-10,I-17 and US 60 as well as Sky Harbor Airport and a mile to The Legacy Golf Resort. Each unit has been completely renovated in the past 5 years including roof, windows, fixtures, dry wall, appliances and individual A/C units. On site designated parking. This property projected total rents of $55,200 less 5% vacancy of -$2,760 per year so $52,440 adjusted gross income. Then after projected expenses of $22,531 the amount of an investor's projected income is $29,909 per year based on pro forma. This is a 7.18% CAP Rate.More financial info in docs tab. . SUBJECT TO CANCELLATION OF EXISTING ESCROW
WOW seller is motivated bring your offers now!!!! Unit mix is 8 1 bedrooms and 2 studios. Needs rehab and work. A lot of upside for this price. This property is completely vacant. Showings with qualified buyers and offers. All facts and figures are approximate buyer verfiy MLS info
Great investment property. Two 3-Bedroom 2.5 bath units. Great Phoenix location. SOLD IN AS IS CONDITION WITH NO SPDS OR CLUE REPORT. Buyers to verify all facts and measurements. HURRY THIS ONE WILL NOT LAST!!! Renters are in place.
Nicely performing SF Homes! 2549 E Chipman has a 5 bedroom/2 bath home and a 4 bedroom/2 bath home built in 2001 (2 separate water meters - possible lot split!). Tenants are responsible for yard maintenance and all utilities. Owner pays rent tax only. Buyer to verify all items prior to end of the due diligence period.
10+ CAP!!! Here's a great opportunity to own a cash cow! Block construction and desert landscaping for low maintenance costs! All 2 bedroom units with plenty of parking! Buyer to verify all items during the due diligence period.
Look at that CAP Rate!!! All 2 bedroom units! Two duplexes on one lot! Rear duplex built in 2004! Plenty of parking! Low maintenance desert landscaping Newer Electric and HVACs! Easy to rent! Buyer to verify all items during the due diligence period.
FANTASTIC OPPORTUNITY TO OWN YOUR VERY OWN 4 BR 2.5 BA HOME AND RENT OUT THE OTHER SIDE * UNITS ARE IDENTICAL AND BEST OF ALL UNIT 2 INCLUDES ALL OF THE APPLAINCES (FRIDGE,WASHER,DRYER,MICRO) * IN FANTASTIC SHAPE * NICE GREATROOM/DINING ROOM COMBO * OPEN KITCHEN AREA * BEDROOMS ARE AMPLE SIZED * TILE ROOF * STUCCO EXTERIOR * GATED COURTYARD AREA * EACH UNIT 2 CAR GARAGE * BLOCK FENCED BACKYARD * CLOSE PROXIMITY TO PUBLIC TRANSPORTATION/FREEWAY/DOWNTOWN * ONE OF THE NEWEST BUILT UNITS OF IT'S KIND AND AVAILABLE AT THIS PRICE...A MUST SEE...
Two detached residences, both with 3 bedrooms and 2 bathrooms, rented and cash flowing. Good tenants and recent improvements make this a solid investment. Buyer can investigate the potential to split lot too. No common walls, good parking, good location and private backyards make these attractive rentals. Low operating expenses provide good cash flow.