729 E Mission Lane, Phoenix, AZ 85020

$620,000
List Price
$620,000
Status
ACTIVE
Days on Market
14
MLS#
6531112
City
Phoenix
Year Built
1954

Property Description

Partially renovated & fully occupied, this 4-Unit is located in the heart of North Phoenix. This positive cash flowing property includes (3) 1B/1B units and (1) Studio/1B with 2 Units in the front, and 2 units in the back. (2) of the units have been significantly renovated while the other (2) units provide additional upside for the investor. All (4) units are single story, featuring their own private yard and assigned parking spots. Newer A/C's in units (1), (3) & (4). Building 1 was built in 1954, while building 2 (front duplex) was built in 1981! Both duplexes have been proficiently maintained. Minutes from Honor Health Medical Center, Freeways and North Mountain, this charming private community offers an attractive investment opportunity for the buyer looking to tap into the Arizona Multifamily Market.

Additional Information

Taxes
$1,066
Operating Exp
1066
Units
4
Project Type
Four Plex
Construction
Block
Roofing
Comp Shingle
Parking
1 Space/Unit
Cooling
Electric, Individual
Heating
Individual
Floors
Ceramic Tile, Vinyl
Exterior Amenities
Partially Fenced
Zoning
R-5
Subdivision
Cook Court
Community Amenities
No Pool
Electric
APS
Gas
None
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Electric, Gas
New Financing
Conventional, No Carry, VA
Elementary School
Sunnyslope Elementary School
Middle School
Royal Palm Middle School
High School
Sunnyslope High School
School District
Glendale Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Taylor Street Advisors.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.