2341 W Tonto St., Phoenix, AZ 85009

2341 W Tonto St., Phoenix, AZ 85009
Photo 1 of 1
$145,000
Sold on 8/02/17
Beds Baths Sq. Ft. Taxes Built
0.00 0 $2,015 1946
On the market: 293 days
View full details, 15 photos, school info, and price history
Great opportunity to own a cash flow rental property. Current CAP rate at 10%. Six units all remodeled in 2004. Remodel included stucco, drywall, cabinets and flooring. Property has 4 studios, 1 1bedroom and, 1 2bedroom. Great rent value for the area and low maintenance with all remodeled units. All leases month to month. Potential for updating and increased rent to raise CAP rate. 4 Studios currently leased at $390/mo. 1 1bedroom currently leased at $420/mo. 1 2bedroom currently leased at $440/mo.
Listing courtesy of Travis Smith & Kjersten Smith, My Home Group Real Estate GA LLC & My Home Group Real Estate