Photo 1 of 1
$265,000
Sold on 9/18/15
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,224 |
1980 |
|
On the market:
36 days
|
View full details, photos, school info, and price history
GREAT FOURPLEX IN SOLID NEIGHBORHOOD. SURROUNDED BY SINGLE FAMILY HOMES. CURRENT 8.0% CAP RATE. RENTS COULD BE RAISED TO INCREASE PROFORMA. NEW FENCING 2015 FOR PRIVACY & MODERN LOOK. COMMON AREA WITH PICNINC TABLES AND GRILL. EACH UNIT HAS IT'S OWN STORAGE LOCKER & COVERED PARKING SPACE. CONVENIENT TO THE 202 AND THE 60. EASY COMMUTE TO TEMPE, CHANDLER & DOWNTOWN GILBERT. CLOSE TO SCHOOLS, PARKS, RESTAURANTS AND SURROUNDING CONVENIENCE'S. RENTS LIKE HOTCAKES WITH NO VACANCIES IN THE LAST 2 YEARS. RAPIDLY GROWING AREA WITH NEW BUSINESS'S & RESTAURANTS SPRINGING UP ALONG SOUTHERN. COIN OPERATED LAUNDRY FOR ADDITIONAL INCOME. LOW MAINTENCE TURN-KEY INVESTMENT WITH STRONG SUB MARKET & APPRECIATION POTENTIAL.
Listing courtesy of David Fernandez