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
61
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

Gross Annual Sch Inc
57000
Adjusted Gross Inc
57000
Taxes
$1,613
Operating Exp
1613
Net Operating Income
$38,400
Units
4
Project Type
Four Plex
Construction
Block
Roofing
Comp Shingle
Parking
Other (See Remarks)
Cooling
Electric
Heating
Electric
Floors
Ceramic Tile
Zoning
r4
Subdivision
Ellington Place
Community Amenities
No Pool
Electric
Individual Meter
Gas
None
Water
Master Meter
Sewer
Sewer - Public
Tenant Pays
Electric, Sewer
New Financing
1031 Exchange, Conventional, VA
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 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.