Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette… Read More and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property. Read Less
Courtesy of AZ Flat Fee 480-771-1511
Listing Snapshot
Days Online
12
Last Updated
Property Type
Multiple Dwellings
Year Built
2003
MLS Number
6951436
30 Days Snapshot Of 85021
$504k
-22%
(avg) sold price
20
0%
homes sold
94
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Dishwasher", "Refrigerator", "Built-In Electric Oven", "Washer/Dryer"
Building
Built in 2003, Construction materials: "Wood Frame", "Painted", "Stucco", 4 total units
Cooling
"Ceiling Fan(s)", "Electric"
Expenses
Electric: $346, Insurance: $2,001, Water sewer: $3,336
Heating
"Heat Pump", "Electric"
Parking
"Paved", "Assigned", "<1 Space Per Unit", 6 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"Sewer-In & Connected", "Public Sewer"
Taxes
Annual amount: $2,490, Lot: 3
Utilities
"SRP"
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