Newly Built & Stabilized Phoenix Fourplex - Turnkey Investment Opportunity
Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure.
Each unit features an open and… Read More functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence.
Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction. Read Less
Courtesy of ProSmart Realty 480-540-2213
Listing Snapshot
Days Online
57
Last Updated
Beds
4
Year Built
2023
MLS Number
7072928
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Building
Built in 2023, 1 building, Construction Materials: Wood Frame, Stucco
Community
No Pool
Cooling
Central Air, Ceiling Fan(s)
Disclosures
Development Plan Avl
Expenses
Operating: $715
Floors
Vinyl
Heating
Forced Air
Income
Gross Income: $82,080, Gross ScheduledIncome: $86,400, Net Operating Income: $81,000
Lot
Dimensions: 9,700sqft
Owner Pays
Water, Sewer, Landscaping
Parking
6 open parking spaces, 6 total parking spaces, Off Street, On Street
Property
New Construction
Roof
Composition
Security Features
Fire Sprinklers
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 159-31-077-A, Public Survey Range: 3E, Public Survey Section: 28, Annual Amount: $715, Tax Book Number: 159.00, Legal Description: LOT 2 BICKERSTAFF HOMES MCR 003220, Lot: 2, Parcel Letter: A, Year: 2025, Zoning: R3
Utilities
Water Source: Master Meter, City Franchise, APS
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