1534 W Mckinley St., Phoenix, AZ 85007

1534 W Mckinley St., Phoenix, AZ 85007
Photo 1 of 1
$223,000
Sold on 4/24/19
Beds Baths Sq. Ft. Taxes Built
0.00 0 $774 1984
On the market: 45 days
View full details, 15 photos, school info, and price history
Excellent cash flow opportunity in a very up and coming neighborhood with close proximity to Downtown Phoenix. Front building is a 3 bedroom 1 bath 1,224 square foot structure built in 1984. Currently leased month to month at $1,500 and the tenants would like to stay. Back building is 5 bedrooms, 2 baths and a kitchen and was previously leased at $540-700 per bedroom, month to month. Currently 1 tenant paying $560, month to month. Previous owners were cash flowing the back building with short term tenants. Needs some work and could easily be converted to a duplex with 4 bedrooms, 2 baths and two kitchens. Huge cash flow opportunity for the price. Drive by only please do not disturb tenants. Owner pays all utilities currently.
Listing courtesy of Chad Vice