2833 E Le Marche Avenue, Phoenix, AZ 85032

$625,000

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List Price
$625,000
Status
ACTIVE
Days on Market
107
MLS#
7021967
City
Phoenix
Year Built
1982

Property Description

Amazing investment fourplex in North Phoenix! Premium corner building with no shared walls, and easy access to covered parking for tenants. Units consist of: one 1bed/1bath unit, two 2bed/2bath units, and a 3bed/3bath unit. All units have a large square footage and modern layouts and all include washer/dryer hookups. Three units have ground level patios that open onto a large common area and three units also feature upper level balconies. Great rents that make it a no brainer for any investor. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access.

Additional Information

Taxes
$1,415
Net Operating Income
$42,000
Cap Rate
6.72
Units
4
Parking Features
Carport, <1 Space Per Unit
Construction
Wood Frame, Painted, Stucco
Roofing
Built-Up
Cooling
Heat Pump, Electric, Ceiling Fan(s)
Heating
Electric, Heat Pump
Zoning
MULTI
Exterior Features
Sidewalk(s)
Subdivision
Greenway Manor
Community Features
Pool, Play Area, Barbecue
Electric
APS, Individual Meter
Water
City Franchise, Individual Meter
Tenant Pays
Water, Electricity
New Financing
VA Loan, FHA, Conventional, No Carry, Cash

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeSmart.

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