Photo 1 of 1
$880,000
Sold on 8/10/18
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$2,497 |
1946 |
On the market:
83 days
|
View full details, 15 photos, school info, and price history
PROVEN UPSIDE POTENTIAL! Exciting opportunity to own 16 two-bedroom apartments in 12 detached buildings on over an acre of land. Located approximately one mile from downtown Phoenix. Sellers have renovated 7 units and raised rents from $600 to $850 per month! 14 of the units are occupied while 2 have been vacated for future renovation. Strong demand in the area and tremendous rental upside has been proven. Ample parking with 32 stalls at the center of the project and 4 at the front. Most units individually metered for electricity. Priced to sell at under $62K per unit! If you've been looking for a property with upside, this is it! PLEASE DO NOT DISTURB TENANTS – CONTACT LISTING AGENT FOR SHOWING.