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-floor… Read More units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking. Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers. Read Less
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multiple Dwellings
Year Built
1973
MLS Number
7031584
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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