100% Occupied Four Plex on a large R-5 lot with ample parking in the rear and courtyard with the ability to create a private back yard for each unit. All units are 1 bedroom, 1 bath and and most of the units have interior laundry units in the water heater closet. Currently on one water meter with the adjacent four plex, a 2nd water meter can be added through the city of Phoenix for approximately $700. Tenants pay their own electric with the exception of one unit that is the owners responsibility through the Hom Inc contract. All units are currently occupied, combined monthly income is $2,877 which is below market average. Plenty of room to improve the rental income with revised lease agreements. Tenant occupied, drive by only please. Can be purchased individually or with 1529 E Adams St.
Listing courtesy of Venture REI, LLC.
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