2548 W Belmont Ave., Phoenix, AZ 85051

2548 W Belmont Ave., Phoenix, AZ 85051
Photo 1 of 1
$185,000
Sold on 8/14/15
Beds Baths Sq. Ft. Taxes Built
0.00 0 $938 1947
On the market: 178 days
View full details, 15 photos, school info, and price history
Income flowing property 11.56% cap rate. All 3 units have been rented for years. All getting social security income and have always paid on time. Units were remodeled in 2009. This is an irrigated lot so expenses are very low. Rents are a total of $1,925 per month. If you are looking for a great income property with very low maintenance costs then this is the property. Roof mounted A/C units are about 10 years old, roof is about 6 years old, 2 of the water heaters are 5 years old. All of this equals low continuing maintenance costs. Please do not disturb the tenants.
Listing courtesy of Leonard Behie, Realty Executives