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Here is your opportunity to own three single level triplexes in a row. Each is on a separate parcel giving you the opportunity to utilize either conventional financing or commercial lending. This well-maintained property backs to desert area and a park. Great mountain views in all directions. Grassy areas outside the front doors of all the buildings is inviting and beautiful. All units are Spacious 2 bedrooms, 1 bath with 880 square feet of living space. Buildings have separate storage rooms for each tenant. Kitchens have dining area and sliding door to back patio. There are two coin-op laundry rooms. Complex is 100% occupied and is easy to manage. Self-manage this one and get an immediate cap rate of 5.5%. Increase rents and bring it up to a 6.2% cap rate. Drive by only.
Property Type(s):
Multi Family
| Last Updated | 11/21/2024 | Tract | BICKERSTAFF HOMES |
|---|---|---|---|
| Year Built | 1962 | Community | BICKERSTAFF HOMES |
| County | Maricopa |
SCHOOLS
| Elementary School | Washington Elementary School - Phoenix |
|---|---|
| Jr. High School | Royal Palm Middle School |
| High School | Sunnyslope High School |
Additional Details
| AIR | Ceiling Fan(s), Central Air, Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Block |
| HEAT | Heat Pump |
| LOT DIMENSIONS | 201x140 |
| SEWER | Public Sewer |
| SUBDIVISION | BICKERSTAFF HOMES |
| TAXES | 3591 |
| ZONING | R-3 |
Location
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Listed with West USA 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 11/22/24 6:53 AM 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 11/22/24 6:53 AM PST.
This IDX solution is (c) Diverse Solutions 2024.
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