4220 N 3rd Ave., Phoenix, AZ 85013

Wonderfully remodeled duplex in one of the hottest area's of Phoenix. Just blocks from the Melrose neighborhood, this multi-family rental property spared no expense in its recent remodel. This property cash flows well at over a 6% CAP rate and will only create larger profits as this part of town continues to excel. The 3/2 has a solid lease in place at $1450 and the 2/1 is rented at $1295. Each unit has a washer and dryer and private yards. Tenants pay all utilities, as gas, electric and water are separately metered. Walk or bike to numerous restaurants and shopping, Steel Indian School park around the corner and even walk to the light rail. Great purchase for even your most particular investor! Drive by only. No interior showings until contract acceptance.