Photo 1 of 1
$615,000
Sold on 7/16/20
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,071 |
1964 |
|
On the market:
135 days
|
View full details, photos, school info, and price history
Value-add opportunity with below market rents. 100% rent collection & occupancy during COVID-19! All units have HVAC units/ind. metered electric.
Solid North Phoenix rental market. All 1 bedroom/1 bathroom units that are 525 SF with walk-in closets. Current rents are $500/unit +/- per owner. Ability to raise rents immediately. Though some recent upgrades have been completed, this complex will need more upgrading to capture market rents. Competitively priced under $85K/unit, this consists of two 4 unit buildings on a jumbo sized corner lot. No showings until escrow, please do not disturb the tenants. Buyer to complete and rely on own due diligence. OM available upon request. *OFFERS CONSIDERED
Listing courtesy of James Stephens