Description
Single level 4-plex in the heart of Phoenix with long-term tenants, and room to build up to 6 additional units (Per the city). The tenants have all lived in the 2-bedroom 1-bath units a minimum of five years and keep the environment very livable. Walking distance to downtown, the new Phoodery, and schools. Rents are currently $4,700 per month. However, notice has been given that will soon raise rents to $5,150 monthly. The return is great and the opportunity for additional units makes this a smart value. DO NOT disturb tenants please. Buyers are encouraged to perform their own due diligence regarding adding more units.
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0BEDS
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0.5ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Single level 4-plex in the heart of Phoenix with long-term tenants, and room to build up to 6 additional units (Per the city). The tenants have all lived in the 2-bedroom 1-bath units a minimum of five years and keep the environment very livable. Walking distance to downtown, the new Phoodery, and schools. Rents are currently $4,700 per month. However, notice has been given that will soon raise rents to $5,150 monthly. The return is great and the opportunity for additional units makes this a smart value. DO NOT disturb tenants please. Buyers are encouraged to perform their own due diligence regarding adding more units.
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