4028 S 15th Street, Phoenix, AZ 85040

$1,230,000
13
BD
13
BA

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List Price
$1,230,000
Status
ACTIVE
Price Change
▼ $5,000 1781310347
Days on Market
233
MLS#
6972367
City
Phoenix
Bedrooms
13
Bathrooms
13
Year Built
1961

Property Description

Turnkey investment opportunity with ALL units FULLY OCCUPIED! featuring a fully remodeled multi-building INCOME property with modern finishes throughout. Gated entry with remote access, plus ample parking with both covered and uncovered spaces. Well-maintained and ready for continued cash flow. Building One includes three apartments: one 2 bed/2 bath and two 1 bed/1 bath units, all with kitchens and W/D hookups. Buildings Two and Three offer four identical 1 bed/1 bath units with living rooms, kitchens, W/D hookups, and private back patioS! The property also includes two newer mobile homes with primary bedrooms, en-suite baths, and W/D hookups.

Additional Information

Taxes
$686
Net Operating Income
$133,200
Cap Rate
10.79
Units
9
Flooring
Ceramic Tile
Parking Features
Open, Carport, >1 Space Per Unit, Assigned, See Remarks
Construction
Block, Wood Frame, Painted, Stucco
Roofing
Composition
Cooling
Central Air, Varies by Unit
Heating
Electric
Zoning
R-4
Subdivision
Norman Acres
Community Features
No Pool
Electric
SRP
Water
City Franchise
Tenant Pays
Cable TV
New Financing
VA Loan, FHA, Conventional, 1031 Exchange, Cash
High School
South Mountain High School

Courtesy of Valley Views RE. 480-688-0915

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