1538 W Mckinley St., Phoenix, AZ 85007

1538 W Mckinley St., Phoenix, AZ 85007
Photo 1 of 1
$565,000
Sold on 5/30/23
Beds Baths Sq. Ft. Taxes Built
0.00 0 $543 1931
On the market: 124 days
View full details, 15 photos, school info, and price history
Brand new remodeled Triplex with great rents. Townhome like apartments with PRIVATE YARDS & in unit Washer/Dryers & dishwashers!! Excellent gross monthly cashflow $4,512, $54,144 yearly. 8.9% Gross Cap Rate, Tenant paid utilities on RUBS!! New HVAC in the 2 of the 3 units, new interiors with wood tile floor, showers, stainless appliances, White Quartz countertops and ceiling fans. Overhead is low. 2 covered parking spots in back. Unit mix of 1, 2 bed x1 bath, 2, 1 bed x 1 bath. This area is hot and transitioning in the Art District of Roosevelt. Hurry will not last with this strong of cashflow. Could add solar and reduce bills even more or *build more units in the back with the R-5 high density multi-family zoning.*
Listing courtesy of James Yancey, Gentry Real Estate