3044-48 E Beck Lane, Phoenix, AZ 85032

$1,650,000
24
BD
16
BA

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List Price
$1,650,000
Status
ACTIVE
Price Change
▼ $150,000 1789178439
Days on Market
240
MLS#
6968554
City
Phoenix
Bedrooms
24
Bathrooms
16
Year Built
1987

Property Description

Excellent Phoenix Multifamily Investment Opportunity! Located at 3044-3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 8-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupied.

Additional Information

Taxes
$3,082
Net Operating Income
$111,592
Cap Rate
6.2
Units
8
Flooring
Ceramic Tile
Parking Features
1 Space/Unit
Construction
Wood Frame, Stucco
Roofing
Built-Up
Cooling
Evaporative Cooling, Varies by Unit
Heating
Natural Gas, Varies by Unit
Zoning
R3
Subdivision
El Fresnal
Community Features
No Pool
Electric
APS
Water
Master Meter, City Franchise
Tenant Pays
Electricity, Gas, See Remarks
New Financing
FHA, Conventional, Cash
Elementary School
Palomino Primary School
Middle School
Paradise Valley High School
High School
North Canyon High School

Courtesy of SENW. 847-213-0789

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