1313 E Carol Ave., Phoenix, AZ 85020

1313 E Carol Ave., Phoenix, AZ 85020
Photo 1 of 33
$1,980,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $3,591 1962
On the market: 2 days

Est. Monthly Payment:

$11,621($11,322 + $299 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Here is your opportunity to own three single level triplexes in a row. Each is on a separate parcel giving you the opportunity to utilize either conventional financing or commercial lending. This well-maintained property backs to desert area and a park. Great mountain views in all directions. Grassy areas outside the front doors of all the buildings is inviting and beautiful. All units are Spacious 2 bedrooms, 1 bath with 880 square feet of living space. Buildings have separate storage rooms for each tenant. Kitchens have dining area and sliding door to back patio. There are two coin-op laundry rooms. Complex is 100% occupied and is easy to manage. Self-manage this one and get an immediate cap rate of 5.5%. Increase rents and bring it up to a 6.2% cap rate. Drive by only.
Listing courtesy of Howard Rudin, West USA Realty