335 E Purdue Ave., Phoenix, AZ 85020

This 4-plex has 2 buildings. Each building has 2 - 2 bedroom, 1 bath apartments. All utilities are separated for individual billing. At this time each tenant pays approximately $562.65/mo and also pays their own trash, water, electric and cable/satellite. There is room for additional buildings for expansion if desired. Property produces approx $2250/mo. After expenses NOI is $24,094$ which creates a cap rate of 8. All brick construction. Newer roof 2010. Each unit has its own 3.5ton heat pump for cooling and heating, replaced in 2010. Plumbing updated to copper and ABS.