45 N Phyllis St. #3, Mesa, AZ 85201

**Not a short sale or REO** Investor cash flow opportunity. Current owner has rehabbed and remodeled several buildings in community and the community itself. Property is fully rented and has waiting list for empty units - high demand area close to light rail, college, Tempe Marketplace and much more. Ride the appreciation back up to levels seen a few years ago! Current owner has other buildings in various stages of remodel/acquisition and can discuss making a package deal. Community upgrades include coin-op laundry, lighting, pool and covered parking. NO HOA currently - but new owners can possibly create one and create more cashflow. Current rents = $2065 for the building, all on time, full deposits. All 4 units are 2bed/1bath