Turnkey cash-flowing opportunity in the highly desirable Paradise Valley/Phoenix corridor! This well-maintained 4-unit garden-style complex features all 2 bed / 1 bath units with solid tenant demand and upside potential. Grossing $6,500 a month. Situated in the thriving 85032 ZIP code, close to major freeways, shopping, and the Paradise… Read More Valley Mall redevelopment. Whether you're a seasoned investor or new to multifamily, this 8.25% cap rate property delivers immediate returns in one of Phoenix's most active rental markets. Looking for steady income and long-term appreciation? This is the one. Read Less
Courtesy of eXp Realty Daniel K Papin 888-897-7821
Listing Snapshot
Days Online
9
Last Updated
Property Type
Multiple Dwellings
Year Built
1981
MLS Number
6875080
30 Days Snapshot Of 85032
$598k
+18%
(avg) sold price
49
-30%
homes sold
84
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Built-In Range", "Disposal", "Dishwasher", "Refrigerator", "Built-In Electric Oven", "Microwave"
Building
Built in 1981, Construction materials: "Stucco", "Block", 4 total units
Cooling
"Central Air", "Ceiling Fan(s)"
Expenses
Electric: $720, Insurance: $4,200, Water sewer: $4,200
Floors
"Ceramic Tile", "Vinyl"
Heating
"Electric"
Parking
"Paved", "Carport", 8 total parkings
Property
Zoning: M-M
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,817, Lot: 2
Utilities
"APS", "Individual Meter"
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