Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo) Cap… Read More Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades. 2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension. Read Less
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multiple Dwellings
Year Built
1935
MLS Number
7039118
30 Days Snapshot Of 85009
$348k
+8%
(avg) sold price
11
-45%
homes sold
104
+26%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"See Remarks"
Building
Built in 1935, 5 total units
Cooling
"See Remarks"
Expenses
Insurance: $4,596, Maintenance: $4,000, Water sewer: $4,500
Heating
"See Remarks"
Parking
"Add'l Parking Avail", "On Street", 5 total parkings
Property
Zoning: R-3
Sewer
"Public Sewer"
Taxes
Annual amount: $906, Lot: 24
Utilities
"Other (See Remarks)"
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