4421 N 53RD Lane

Phoenix, AZ 85031
$614,500
Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floorRead MoreRead Less
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multiple Dwellings
Year Built
1973
MLS Number
7031584
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30 Days Snapshot Of 85031
$332k
-2%
(avg) sold price
12
-25%
homes sold
88
-7%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"See Remarks"
Building
Built in 1973, Construction materials: "Wood Frame", "Painted", "Stucco", "Block", 4 total units
Cooling
"See Remarks"
Expenses
Insurance: $2,000, Maintenance: $3,107, Water sewer: $4,320
Heating
"See Remarks"
Parking
"Add'l Parking Avail", ">1 Space Per Unit", 9 total parkings
Property
Zoning: R-4
Roof
"Tile"
Sewer
"Public Sewer"
Taxes
Annual amount: $2,884, Lot: 16
Utilities
"APS"
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Jennifer Daniels
Team Leader | Realtor
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