2701 E Marconi Ave., Phoenix, AZ 85032

Hurry! NOT A SHORT SALE, NOT BANK OWNED! Quick answers from a private seller. Great four-plex building in good condition. Property includes (4) large 2BD/1BA units with hook ups for a stack washer & dryer in place. Recently renovated with no deferred maintenance. Close to the Palomino School and nearby park. Easy access to SR51. This property will bring in total rents of $24,000 less 10% vacancy of -$2,400 per year so $21,600 adjusted gross income. Then after projected expenses of $9,703 the amount an investor would pocket is $11,897 per year based on pro forma. This is a 8.59% CAP Rate.