Viewing Listing MLS# 7031584
$614,500 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85031
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1973Year Built
- 0.00Acres
- 53 yearsEst Age
- MLS# 7031584
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market16 days
- AreaN/A
- CountyMaricopa
- Subdivision Parkway Village
Overview
Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking.Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.
Agriculture / Farm
Horse: No
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Painted, Stucco, Block
Roof: Tile
Exterior Features
Pool Private: No
Financial
Owner Pays: Water,Sewer
Gross Income: 62157.6
Insurance Expense: 2000
Maintenance Expense: 3107
Garage / Parking
Parking Features: Add'l Parking Avail, >1 Space Per Unit
Garage: Yes
Attached Garage: No
Interior Features
Flooring: Other
Appliances: Other, See Remarks
Fireplace: No
Lot Info
Lot Size: 9769
Number of Buildings: 1
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: R-4
Property Attached: No
Tax Info
Tax Legal Description: LOT 16 PARKWAY VILLAGE MCR 015609
Tax Amount Annual: 2884
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: City Franchise
Electric: APS
Cooling: Yes
Cool System: Other, See Remarks
Heating: Other, See Remarks
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Water Front: No
Listings courtesy of Compass
MLS# 7037040 
