Photo 1 of 1
$575,000
Sold on 2/10/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,354 |
1962 |
On the market:
69 days
|
View full details, 15 photos, school info, and price history
THE OPPORTUNITY
Value Add opportunity in gentrifying neighborhood. This is a classic
4-Plex poised to take advantage of the on going gentrification
and rising rents in the Papago Village area. All long term tenants on Month to Month leases at $450, allows for raising rents to market rate quickly. Units consist of 3 - 2
Bedroom/1 Bath and 1 - 1 Bedroom/1 Bath. All units have large
private backyards with washer and dryer hookups and covered
parking. Many new multifamily construction throughout the area,
along with full renovations of existing product.
THE LOCATION
Perfectly located South of Arcadia, easy access to the 143 Freeway.
Minutes from Phoenix Sky Harbor International Airport, Scottsdale,
Phoenix and Tempe.
Listing courtesy of Jonathan Coffen, Orion Investment Real Estate