Viewing Listing MLS# 6988566
$930,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85008
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1960Year Built
- 0.00Acres
- 66 yearsEst Age
- MLS# 6988566
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market3 months, 24 days
- AreaN/A
- CountyMaricopa
- Subdivision Palomino Estates
Overview
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. Units 1 and 2 have just been remodeled/ upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.3% CAP (Pro forma)
Agriculture / Farm
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Painted, Block
Roof: Composition
Exterior Features
Financial
Owner Pays: Trash Collection,Water,Sewer
Insurance Expense: 1600
Garage / Parking
Parking Features: Off Street, >1 Space Per Unit
Interior Features
Flooring: Ceramic Tile
Appliances: Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave, W/D Hookup
Lot Info
Lot Size: 8640
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: Multi-Family
Tax Info
Tax Amount Annual: 1184
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: SRP
Cooling: Yes
Cool System: Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual
Heating: Electric
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Directions
Head East on McDowell, South on 48th St, East on Culver, North on 48th Place.
Listings courtesy of Homesmart
MLS# 7039257 
