6434 S 22nd Street, Phoenix, AZ 85042

$585,000
Sold Price
$585,000
List Price
$640,000
Status
CLOSED
Closing Date
Nov 21, 2023
Days on Market
57
MLS#
6607660
City
Phoenix
Year Built
1963

Property Description

INVESTORS OPPORTUNITY! Welcome to your opportunity to invest in a thriving community and secure a piece of the future. This delightful 4-plex multi-family property, offers four spacious 2-bedroom, 1-bathroom units, each designed for comfortable living and long-term investment potential. This property is strategically located to provide easy access to all the amenities that modern living demands. Residents will enjoy a short commute to schools, shopping centers, parks, and employment hubs, making it an attractive choice for tenants. With a growing population and increasing demand for rental properties in this community, this 4-plex represents a great investment opportunity. As the community continues to expand and evolve, so does the potential of this property.

Additional Information

Taxes
$1,613
Net Operating Income
$38,400
Cap Rate
6
Units
4
Flooring
Ceramic Tile
Parking Features
Other (See Remarks)
Construction
Brick Veneer, Painted, Block
Roofing
Composition
Zoning
r4
Subdivision
Ellington Place
Community Features
No Pool
Electric
Individual Meter
Water
Master Meter
Sewer
Public Sewer
Tenant Pays
Electricity, Sewer
New Financing
Conventional, 1031 Exchange, VA Loan
High School
South Mountain High School
School District
Phoenix 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: Luxe Real Estate Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.