Photo 1 of 1
$322,500
Sold on 11/19/18
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$381 |
1926 |
On the market:
35 days
|
View full details, 15 photos, school info, and price history
Own a piece of history with this turn key, renovated multi-family. Located just blocks from Downtown Phoenix, Chase Field, Talking Stick Arena, and Comerica Theatre, this charming 4-plex brings in $3,000 per month and $36,000 for a rare 11% CAP at this offering price. Add value by charging for utilities. The property has been fully remodeled with a new roof, new HVAC, high efficiency mini-splits on the rear units, fresh paint and stucco, new plumbing, and electric. All kitchens include gray shaker cabinets, all appliances, and new quartz counter tops. Unit 1 is a two bedroom home that rents for $1,200 per month, Units 2/3 are studios that go for $500 each, and Unit 4 is a one bedroom that rents for $800 per month. All leases are month to month and professionally managed.
Listing courtesy of Keith Grayson, ECOPOLIS REALTY INC