Amazing Investment opportunity for a multi unit apartment building! 8 total units plus a main house to rent! Private pool and a basement for storage. Currently renting for $400 a month PER unit and $825 a month for the main home. There is no better return on investment in the area! Each unit has its own kitchen and full bathroom!
Current owner has put close to $30k in upgrades and renovations! This unit is perfect for the owner occupant who wants rents to cover expenses, as it will qualify for FHA financing. Complex feels like a subdivision, as it has large grassy areas and a community pool. Excellent rental potential with a large 3 bed/2 bath unit complete with a fireplace plus three 2 bed/1 bath units. Downstairs units feature a patio and upstairs units share a balcony. 4 attached garage spaces contained within two 2 car garages plus 4 additional uncovered spots. Grocery next door and neighborhood served by good schools - Alta Vista Elementary (Performing Plus), Palo Verde Middle (Performing), and Cortez High (Highly Performing). Drive by only, appointment required. Buyer to verify all.
Great Unit Mix! Large 3 bedroom/2 bath unit with fireplace and three 2 bed units! Many updates, new roof in 2010. 2 double garages with openers, onsite owned laundry, lots of tile and all locks are master keyed! 3 of the 4 units are occupied with a new section 8 lease for the 3/2 unit! Buyer to verify all items prior to close of escrow.
Excellent Investment Opportunity to own six (or more) condo units minutes from MetroCenter Mall, North Mountain, and Interstate Highway - 17. Noted Universities such as Arizona State (West Campus) and Grand Canyon are just minutes away. Easy access to all parts of the Valley. After conducting your due diligence give us a call.
Calling all investors!! Looking for a fantastic, tun-key rental opportunity. Owner has maintained and improved this property so it is in very good condition. This home has been recently remodeled and features newer counter tops and cabinets, a split floor plan with ceiling fans and tile through out and newer roof. All three AC units are all less than 2.5 years old. There are two one-bedroom homes with a two-bedroom home in the middle. Please don't disturb the tenants. All units will be made available with accepted offer. There is a laundry room on site, ample parking and storage building on-site. Close to freeway, shopping, schools, etc. Please note that square footage is approximate and buyer should verify all facts and figures.
Age: Over 50 Years Old
Amenities: Patio, Security System, Security System
Here is your chance to own a great income property. Two seperate buildings. Small house in back, very private with the other two in front. All 1 Br / 1 Ba Each include Gas Range /Oven, refrigerator,ceiling fans. No fix-up needed on this one. New roofs, new paint,all tile flooring. Great parking. Fully rented. Great rental area.
NOT A SHORT SALE AND NOT AN REO. Quick response from a private seller. This remodeled, turnkey duplex features large 1,000sf+ units that feel very spacious and are popular with tenants. It includes spacious living rooms, attractive bathrooms, and contains just the right accents throughout. The walls are toned in a soft tan to match the appealing ceramic tile floors which encompasses the whole space. You will notice touches of brushed nickel, semi-glossed trim on the flooring, doors, closets, etc. This property is projected to generate total rents of $15,600 less 10% vacancy of $1,560 per year which equals $14,040 adjusted gross income. Then after projected expenses of $4,893 the net operating income is $9,147 per year based on pro forma. This is a 7.15% CAP Rate.