2832 E Le Marche Avenue, Phoenix, AZ 85032

$659,000
List Price
$659,000
Status
PENDING
Days on Market
10
MLS#
6704434
City
Phoenix
Year Built
1982

Property Description

This turnkey 4-plex in North Central Phoenix features a fantastic mix of all 2 bed + 2 bath units with three ground level and one upper unit. Tenants love the large interiors with modern layouts, private patios/balconies, full size kitchen appliances, and stack washer/dryer. Three units tastefully refreshed with new carpet, vinyl, bath fixtures, & paint. Tenants pay individually metered electricity, water, and cable (no gas), while the owner just pays the HOA dues (incld: sewer, trash, lighting, landscaping, security gate & patrols, and the community pool). Each standalone building in the community has 4 covered parking spaces and additional uncovered spaces. Lots of capital improvements including full exterior repaint, new AC units, new hot water heaters, and more.

Additional Information

Taxes
$1,330
Net Operating Income
$28,699
Cap Rate
4.35
Units
4
Flooring
Carpet, Vinyl
Parking Features
Common
Construction
Stucco, Frame - Wood
Roofing
Built-Up
Cooling
Individual, Electric
Heating
Electric
Zoning
MULTI FAMILY
Subdivision
Greenway Manor
Community Features
Barbecue, Play Area, Spa(s), Pool
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity, Cable TV
New Financing
No Carry, Conventional, 1031 Exchange, VA Loan
Elementary School
Palomino Primary School
High School
Paradise Valley High School
School District
Paradise Valley Unified District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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