2210 W Devonshire Avenue, Phoenix, AZ 85015

$750,000
8
BD
4
BA

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List Price
$750,000
Status
ACTIVE
Days on Market
57
MLS#
7055078
City
Phoenix
Bedrooms
8
Bathrooms
4
Year Built
1963

Property Description

Seller financing available! This well-maintained four-unit property features four 2-bedroom, 1-bathroom units, each with its own in-unit laundry. The property has been extensively renovated, with updates completed throughout all four units, exterior improvements, and numerous upgrades across the property. With a strong history of proactive maintenance and no known deferred maintenance items, this is a truly turnkey investment. Tenants enjoy a shared outdoor space with BBQs and picnic tables, and the property is occupied by well-vetted tenants, providing stable income. Conveniently located with easy access to I-17 and just 2 miles from Grand Canyon University, this property offers an excellent location for both tenants and investors. Seller financing info upon request

Additional Information

Taxes
$2,203
Net Operating Income
$43,817
Cap Rate
5.84
Units
4
Parking Features
Open, 1 Space/Unit, Off Street
Construction
Block, Wood Frame, Stucco
Roofing
Composition
Cooling
Central Air, Electric, Ceiling Fan(s)
Heating
Heat Pump, Central, Ceiling
Zoning
R-3 MultiFamily
Subdivision
Indian Wells
Community Features
No Pool, Other, Barbecue
Electric
APS, Individual Meter
Water
City Franchise
Tenant Pays
Electricity
New Financing
Conventional, Owner May Carry, Cash

Courtesy of Real Broker. 480-359-6519

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