3102 E Atlanta Ave., Phoenix, AZ 85040

3102 E Atlanta Ave., Phoenix, AZ 85040
Photo 1 of 1
$80,000
Sold on 7/18/13
Beds Baths Sq. Ft. Taxes Built
0.00 0 $457 1984
On the market: 45 days
View full details, 15 photos, school info, and price history
This is a great opportunity to purchase a well price triplex that has all 2 bed units. This property is projected to generate total rents of $18,600. less 10% vacancy of $1,860 per year equals $16,740 adjusted gross income. The after projected expenses of $7,346 the net operating income is $9,394 per year based on pro forma. This is a 11.74% CAP Rate.
Listing courtesy of Linda Gerchick & Patrick O'Sullivan, Gerchick Real Estate & Gerchick Real Estate