1321 N 48th Place, Phoenix, AZ 85008
- $929,900
- List Price
- $929,900
- Status
- ACTIVE
- Price Change
- ▼ $100 1782799874
- Days on Market
- 174
- MLS#
- 6988566
- City
- Phoenix
- Year Built
- 1960
Property Description
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.
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Additional Information
- Taxes
- $1,184
- Units
- 4
- Flooring
- Ceramic Tile
- Parking Features
- >1 Space Per Unit, Off Street
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Central Air, Heat Pump, Electric, Varies by Unit, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- Multi-Family
- Subdivision
- Palomino Estates
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Tenant Pays
- Electricity, Gas, Cable TV
- New Financing
- FHA, Conventional, No Carry, Cash
- Elementary School
- Brunson-Lee Elementary School
- Middle School
- Pat Tillman Middle School
- High School
- Buckeye Union High School
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Listing courtesy of HomeSmart.
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