2502 N Richland St., Phoenix, AZ 85006

Value add investment opportunity! 100% occupied SFR plus 2 separate 1BR/1BA apartments. Current owner has not increased rents for nearly a decade. Actual NOI of $31K with legitimate $38K proforma based on current comparable market rents (that's if anything was available for rent). Super well located in desirable Coronado Historic District on large corner lot with dual street access to separate parking for SFR vs Apartments. Rare City of Phoenix [R-3] Multiple Family Residence Zoning. ''Craftsman'' style home built in 1935 with many updates retains the original period quality and charm. Tenant Rights -call listing agent for more information.