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434 N 42ND Street

Phoenix, AZ 85008
Beds
4
Active
Multifamily
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$550,000
Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent location central to Downtown Phoenix, Tempe ASU, Arcadia, Scottsdale. All units updated in 2020 including floors, kitchen, bathroom, roof, mini-splits/window units. Opportunity to increase monthly rental income. Drive by only DO NOT Disturb tenants.
Courtesy of My Home Group Real Estate 480-685-2760
Listing Snapshot
Days Online
3
Last Updated
Beds
4
Year Built
1947
MLS Number
7081512
Property Location Map
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Built-In Range
Building
Built in 1947, 2 buildings, Construction Materials: Painted, Stucco, Block
Community
No Pool
Cooling
Window/Wall Unit, Varies by Unit
Disclosures
None
Expenses
Electric: $4,800, Insurance: $2,460, Maintenance: $820, Operating: $11,234, Water/Sewer: $2,400
Floors
Ceramic Tile
Heating
Electric
Income
Gross Income: $41,699, Gross ScheduledIncome: $42,550, Net Operating Income: $27,626
Lot
Dimensions: 60 X 109
Owner Pays
Gas, Electricity, Trash Collection, Water, Sewer
Parking
4 open parking spaces, 4 total parking spaces, 1 Space/Unit
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 125-32-060-A, Public Survey Range: 4E, Public Survey Section: 6, Annual Amount: $754, Tax Book Number: 125.00, Legal Description: LOT 59 LANCASTER MANORS MCR 003742, Lot: 59, Parcel Letter: A, Year: 2025, Zoning: R-3
Utilities
Water Source: City Franchise, APS
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Schools In The Area

Check out nearby schools with ratings and contact info.
Orangedale Early Learning Center 602-629-6800 Public PK
David Crockett Elementary School 602-629-6600 Public KG-5
Pat Tillman Middle School 602-629-6500 Public 6-8
Camelback High School 602-764-7000 Public 9-12
Orangedale Early Learning Center 602-629-6800 Public PK
David Crockett Elementary School 602-629-6600 Public KG-5
David Crockett Elementary School 602-629-6600 Public KG-5
Pat Tillman Middle School 602-629-6500 Public 6-8
Camelback High School 602-764-7000 Public 9-12

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