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Four-Plex For Sale in Central Phoenix
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Property Description |
100% occupied 4-plex with long term tenants, well managed, maintained and recently renovated/updated.
Excellent rental area.
Below market rents offer great upside potential to the astute real estate investor.
The units offer a large front area for parking and great views from the upstairs units.
The property consists of two 2-story buildings built in 1983.
Each unit has 2 bedrooms, 1 bathroom.
Monthly rental rates range between $495-550 per unit.
Gross rents are $25,400 per year.
Tenants pay extra for more than 2 occupants and also pay extra if using a washing machine in the unit, since the landlord pays for water sewer trash. Tenants pay all other utilities.
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| Contact person: |
Annette West |
| Seller Type: |
AgentorBroker |
| Phone: |
480-292-6785 |
| Email: |
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| Web Link: |
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| Listing Status: |
For Sale |
| Property Type: |
Fourplex |
| Price($): |
258,000 |
| Street Address: |
Garfield Street |
| City: |
phoenix |
| Region: |
Arizona |
| ZIP/Postal Code: |
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| Bedrooms: |
2 Beds x 4 |
| Bathrooms: |
1 Bath x 4 |
| Stories: |
2 |
| Square Feet: |
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| Lot Size: |
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| Year Built: |
1983 |
| Owner Finance: |
No |
| Cap Rate: |
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| Net Operating Income: |
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| Price Per Square Foot: |
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