4429 N 53rd Lane, Phoenix, AZ 85031
- $615,000
- List Price
- $615,000
- Status
- ACTIVE
- Days on Market
- 80
- MLS#
- 7034582
- City
- Phoenix
- Year Built
- 1973
Property Description
Investment opportunity in the heart of Phoenix. This multi-unit property offers income potential with flexible living arrangements ideal for investors, owner-occupants, or multi-generational living. The property features multiple units with private entrances, functional floor plans, and ample parking. Conveniently located this property provides easy connectivity throughout the Valley. Whether you are looking to expand your rental portfolio, generate supplemental income, or occupy one unit while renting the others, this property presents endless possibilities. Tenants' rights apply, do not disturb tenants.
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Additional Information
- Taxes
- $2,811
- Net Operating Income
- $39,375
- Cap Rate
- 6.4
- Units
- 4
- Parking Features
- On Street, >1 Space Per Unit, Off Street
- Construction
- Wood Frame, Painted, Stucco
- Roofing
- Tile, Rolled/Hot Mop
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Forced Air
- Zoning
- R-4
- Exterior Features
- Sidewalk(s)
- Subdivision
- Parkway Village
- Community Features
- No Pool
- Electric
- SRP
- Water
- City Franchise
- Tenant Pays
- Electricity, Cable TV
- New Financing
- Conventional, 1031 Exchange, No Carry, Cash
- Elementary School
- John F. Long
- Middle School
- Marc T. Atkinson Middle School & Gifted Academy
- High School
- Maryvale High School
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Listing courtesy of HomeSmart.
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