This is a build to Suit opportunity. Plans are complete and ready for construction upon permitting from city. Building to be 12 - 2BR 1BA approximately 600SF each, of which 11 can be leased and 1 used as an office space (pursuant to parking and city regulation).
Dont's miss this opportunity to purchase a fully rehabbed complex with four 2/1, and two 1/1. The complex was completely rehabbed with new exterior and interior paint, roofing replaced and repaired, newer electrical, etc. You simply cannot find this kind of commercial, multi-family deal in the current Phoenix Market.
Great little money maker! Gross scheduled income is 2450 per month! Front house is 5 bedrooms/2 bath renting for 1100 per month, there are 2 one bed units renting at 600 and 450 and the studio goes for 300. All utilities are owner paid, so these rent easy! New HVAC on the house! Buyer to verify all items prior to close of escrow.
PROPERTY CONSISTS OF FOUR IDENTICAL UNITS, 2 BDRM/2 BATH EACH.EACH UNIT HAS A SEPARATE ROOM FOR WASHER & DRYER.TILE THROUGHOUT ALL THE UNITS. THE TWO TOP UNITS HAVE A COOLER & THE TWO LOWER UNITS HAVE AC.GOOD CASH FLOW.ALL APPLIANCES CONVEY.DRIVE BY ONLY AT THIS TIME.ONCE WE ACCEPT AN OFFER, WE CAN GET YOU INTO ALL THE UNITS.
Tenant's Rights: Drive by only. Do not disturb tenants!Great cashflow with long term tenants. Each side rented at $500/month with 5% annual rent increases. New roof in 2013. New A/C units in 2012. Unit 2 fully renovated. Unit 1 needs new carpet, drywall and paint. Seller will credit $1500 towards upgrades of Unit 1 with full price offer. Owner pays water & sewer. Units individually metered and paid by tenants. Serious buyers only. Contact Seller directly for showing. Seller is a licensed agent in Arizona.
Investor special surrounded by remodels and new builds. Don't miss this opportunity. Central location with downtown and freeway access. Properties are professionally managed and are currently leased. Contact listing or co-listing agent for details on current lease status.
This is a distress property sale. Zoned C-2 City of Phoenix. Used to be a multi-family Four-Plex many years ago. The entire property has been vandalized (No roof, missing electrical wiring, missing plumbing). Buyer is encourage to do all investigations that consider important and reasonable to the purchase of it. Sold ''As Is'', ''where is''. Sellers never occupied the premises.
GREAT OPPORTUNITY TO PURCHASE AN INVESTMENT HOME OR LIVE IN AND RENT ADDITIONAL UNITS! POTENTIAL POTENTIAL POTENTIAL, GOOD CONDITION, FLOORPLANS ARE VERY FUNCTIONAL, PARKING IN REAR AND FRONT STREET AVAILABLE, CLOSE IN PROXIMITY TO DOWNTOWN!! ASK ABOUT SELLER FINANCING AVAILABLE, BUYER TO VERIFY ALL FACTS AND FIGURES.