1001 N 32nd Avenue, Phoenix, AZ 85009

$629,999

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List Price
$629,999
Status
ACTIVE
Price Change
▼ $10,001 1781243215
Days on Market
86
MLS#
7032228
City
Phoenix
Year Built
1984

Property Description

Check out this cash flowing low maintenance fourplex even at today's rates. Complex is located near mostly residential homes near elementary school and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 2 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 unit partially upgraded unit with Quartz countertops, and shaker cabinets. 2 units have new A/C units & water heaters that have been replaced in the last 3 years. 1 A/C unit has a new motor. All of the units have ceiling fans throughout. Recently painted exterior. Units are individual metered for electricity. Units fully occupied, but 1 unit comes up for renewal in July if you want to occupy one or rehab for higher rent. Owner/ Agen

Additional Information

Taxes
$1,173
Net Operating Income
$39,675
Cap Rate
6.2
Units
4
Parking Features
>1 Space Per Unit
Construction
Block, Cement Siding
Roofing
Composition
Cooling
Central Air, Electric, Ceiling Fan(s)
Heating
Electric, Central, Hot Water
Zoning
R3
Exterior Features
Sidewalk(s)
Subdivision
El Retiro Blk 1 2
Community Features
No Pool
Electric
APS, City Electric, Individual Meter
Water
City Franchise
Tenant Pays
Electricity, Cable TV, See Remarks
New Financing
VA Loan, Conventional, Cash
Elementary School
J B Sutton Elementary School
High School
Carl Hayden High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

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