Viewing Listing MLS# 7050961
$600,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85040
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1946Year Built
- 0.00Acres
- 80 yearsEst Age
- MLS# 7050961
- Multifamily
- Multiple Dwellings
- Pending
- Approx Time on Market14 days
- AreaN/A
- CountyMaricopa
- Subdivision Harlem Homes
Overview
Fantastic investment opportunity! This well-maintained single-story fourplex features two 2-bedroom, 1-bath units renting for $1,950/month each and two 1-bedroom, 1-bath units renting for $1,650/month each. Several units have been updated, while others offer value-add potential for increased rental income. This property is a true cash-flow opportunity with strong current returns. The adjacent lot is also available for purchase, creating a rare package deal. The neighboring parcel is zoned C-2, offering excellent potential for future commercial development or expansion (buyer to verify zoning and permitted uses). Don`t miss this outstanding investment!
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: Electricity,Trash Collection,Water,Sewer,Landscaping
Gross Income: 86400
Garage / Parking
Parking Features: Other, <1 Space Per Unit, On Street
Interior Features
Flooring: Tile, Other
Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
Lot Info
Lot Size: 105 x 62 x 112 x 65
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: C-2
Tax Info
Tax Legal Description: LOT 10 HARLEM HOMES MCR 003517
Tax Amount Annual: 2549
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: Master Meter, City Franchise
Electric: SRP
Cooling: Yes
Cool System: Central Air, Heat Pump
Heating: Central, Heat Pump
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Directions
Head east on E Broadway Road (0.5 mi). Property is just after S 20th Street on North side of road.
Listings courtesy of My Home Group Real Estate
