4142 N 10 St., Phoenix, AZ 85014

Superbly kept block buildings with tons of upside potential. Seller currently pays first $75 of tennants utility bills. Buildings are seperately metered for gas and electric. All leases are on a month to month basis and most tennants have been there many years. Income and expense figures are actual for 2002. APS and SW gas bills have been combined. NOI for 2001 was $39,220. NOI for 1st 1/4 03 was $9,953 Gross income also includes the laundry income.