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Huge opportunity to own a 4-plex investment property in a prime location! This is an incredible opportunity for future wealth creation, with rapid growth and development in the area - right near the Biltmore! Each of the four units in this well-maintained building offers 2 bed/ 2 baths, providing affordable living space across 974 sf per unit. All units come with appliances, making it move-in ready for tenants"”no need for any added expenses. Best of all, there are no HOA fees"”a major bonus that keeps your operating costs lower. Currently, all units are occupied, offering immediate rental income. One unit requires a little TLC, giving you the potential to increase its rental value. Great proximity to downtown Phoenix, shopping, dining, and public transport. Whether you're looking to expand your portfolio or dive into your first multi-family investment, this might be a fantastic opportunity. Don't miss out!
Property Type(s):
Multi Family
| Last Updated | 11/8/2024 | Tract | STEPHENSON SUBDIVISION |
|---|---|---|---|
| Year Built | 1983 | Community | STEPHENSON SUBDIVISION |
| County | Maricopa |
SCHOOLS
| Elementary School | Longview Elementary School |
|---|---|
| Jr. High School | Osborn Middle School |
| High School | North High School |
Price History
| Prior to Nov 8, '24 | $1,200,000 |
|---|---|
| Nov 8, '24 - Today | $1,180,000 |
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave, Washer/Dryer |
| CONSTRUCTION | Stucco |
| HEAT | Central, Electric |
| LOT DIMENSIONS | 60 x 126.8 |
| PARKING | Common |
| SEWER | Public Sewer |
| SUBDIVISION | STEPHENSON SUBDIVISION |
| TAXES | 2976 |
| UTILITIES | Sewer Connected |
| ZONING | R-4 |
Location
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Listed with Howe Realty
The ARMLS logo indicates a property listed by a real estate brokerage other than Joe Szabo RE/MAX Fine Properties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 12/18/24 4:19 PM PST.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 12/18/24 4:19 PM PST.
This IDX solution is (c) Diverse Solutions 2024.
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