2828 E Tierra Buena Lane, Phoenix, AZ 85032

$580,000
14
BD
14
BA

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List Price
$580,000
Status
ACTIVE
Price Change
▼ $12,000 1787619065
Days on Market
222
MLS#
6992217
City
Phoenix
Bedrooms
14
Bathrooms
14
Year Built
1982

Property Description

4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, (1) 2-bed /1-Bath and (1) 3-Bed / 3-Bath units. Interior and exterior improvements include new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint. Each unit includes one covered parking space with additional guest parking available. HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance. Convenient access to SR-51, Loop 101, and nearby retail.

Additional Information

Taxes
$1,400
Net Operating Income
$34,831
Cap Rate
5.87
Units
4
Parking Features
1 Space/Unit, Carport
Construction
Wood Frame, Stucco
Roofing
Built-Up
Cooling
Electric
Heating
Electric
Zoning
PAD-13
Subdivision
Greenway Manor
Community Features
Heated Pool(s), Play Area
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
VA Loan, FHA, Conventional, No Carry, Cash

Courtesy of ABI Multifamily. 602-714-1400

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