1540 W Mulberry Dr., Phoenix, AZ 85015

C. Phoenix North Encanto Historic District! Offering includes two twin triplex buildings. All big 2 bedroom units that are approx. 800 sq. ft., and rent at $575 (about $.72/sf). Nice value-add opportunity. Separate electric & C/A that is tenant paid. Tile floors. Built in 1948, these Spanish Colonial style 1 story buildings exude charm with a brick veneer, tile roofs, a charming courtyard with gorgeous trees, and some interior unit character. Includes 1536 and 1540 W. Mulberry (each 3 units-6 total) that are adjacent to each other. Must be sold as a package only. Buyer may obtain residential financing or a commercial loan. Each building has a laundry room w/ a washer/dryer. Buyer to complete/rely on due diligence. Expenses estimated at 35% OPEX.