8841 N 2nd Way, Phoenix, AZ 85020

$800,000
Sold Price
$800,000
List Price
$775,000
Status
CLOSED
Closing Date
Oct 26, 2023
Days on Market
47
MLS#
6602872
City
Phoenix
Lot Size
4
Year Built
1985

Property Description

Outstanding Investment Opportunity: Fully Occupied Fourplex with Promising PotentialThis fourplex presents an outstanding investment opportunity, boasting four 2-bedroom, 2-bathroom units, each equipped with a laundry room. Two of these units feature washer/dryer appliances, enhancing tenant convenience. Currently fully occupied, this property offers immediate income, and there's even potential for increased returns. With covered parking and spacious living spaces, it's a highly desirable choice. Please respect tenant privacy with drive-by viewings only, and don't miss the chance to secure this lucrative investment opportunity.

Additional Information

Gross Annual Sch Inc
45983
Adjusted Gross Inc
43684
Taxes
$1,486
Operating Exp
1486
Net Operating Income
$43,181
Units
4
Project Type
Four Plex
Construction
Frame - Wood
Roofing
Built-Up
Parking
>1 Space Per Unit, Carport
Cooling
Electric
Heating
Electric
Floors
Concrete
Zoning
M-H, R-3
Subdivision
Sunnyslope
Community Amenities
See Remarks
Electric
APS
Gas
SW Gas
Water
City Franchise
Sewer
Sewer - Public
Tenant Pays
Cable TV, Electric
New Financing
Conventional
School District
Glendale Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Phoenix. Selling Office: Keller Williams Realty Phoenix.

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.