Viewing Listing MLS# 7013792
Phoenix, AZ 85018
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1964Year Built
- 0.00Acres
- 62 yearsEst Age
- MLS# 7013792
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market1 month, 22 days
- AreaN/A
- CountyMaricopa
- Subdivision Citrus Acres Lots 1 Thru 20
Overview
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base.Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts.The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset.With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.
Agriculture / Farm
Association Fees / Info
Community Features: Pool, No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Painted, Stucco, Block
Roof: Foam
Exterior Features
Pool Private: Yes
Financial
Owner Pays: Trash Collection,Landscaping
Gross Income: 34800
Garage / Parking
Parking Features: Paved, Free, Add'l Parking Avail, >1 Space Per Unit
Interior Features
Flooring: Laminate
Appliances: Dishwasher, Refrigerator, Microwave
Lot Info
Lot Size: irr
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: multi
Tax Info
Tax Legal Description: CITRUS ACRES LOT 83 E 50.5' OF W 209.5'
Tax Amount Annual: 1654
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: SRP
Cooling: Yes
Cool System: Central Air
Heating: Forced Air
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Schools
Elem: Monte Vista Elementary School
Middle: Monte Vista Elementary School
High: Camelback High School
Directions
Heating North on 38th St, property is on the East side of Street.
Listings courtesy of Keller Williams Integrity First
MLS# 7036877