7130-7136 N 27th Avenue Unit 1-4, Phoenix, AZ 85051

$1,350,000
16
BD
16
BA

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List Price
$1,350,000
Status
ACTIVE
Days on Market
1
MLS#
7067839
City
Phoenix
Bedrooms
16
Bathrooms
16
Year Built
2005

Property Description

Exceptional multi-family investment opportunity in a high-demand Phoenix rental corridor! This offering includes two well-maintained 4-plex buildings for a total of 8 income-producing units, each designed for functional living and long-term tenant stability. The property location in near major freeways, employers,, shopping, and schools--ideal for consistent occupancy and strong rental performance. With Phoenix's continued demand for affordable multi-family housing, this asset provides an excellent opportunity for investors seeking steady cash flow, value-add potential, or portfolio expansion in one of the fastest-growing metro areas in the country. All units are 2 bedroom 2 baths. Good occupancy and good rent income.

Additional Information

Taxes
$3,955
Net Operating Income
$65,160
Cap Rate
4.83
Units
8
Parking Features
Open, 1 Space/Unit
Construction
Wood Frame, Painted, Stucco
Roofing
Tile, Concrete
Cooling
Central Air, Electric, Ceiling Fan(s)
Heating
Electric, Heat Pump
Zoning
R-5 2X
Exterior Features
Sidewalk(s)
Subdivision
Independence Acres
Community Features
No Pool, Play Area, See Remarks
Electric
APS, Individual Meter
Water
Master Meter, City Franchise
Sewer
Sewer-In & Connected
Tenant Pays
Electricity, Cable TV
New Financing
VA Loan, FHA, Conventional, Cash
Elementary School
Washington Elementary School
Middle School
Washington Elementary School District Online Learning Academ
High School
Washington High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Paramount Management & Realty, LLC.

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