434 N 42nd Street, Phoenix, AZ 85008
- $550,000
- 4
- BD
- 4
- BA
- List Price
- $550,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7081512
- City
- Phoenix
- Bedrooms
- 4
- Bathrooms
- 4
- Year Built
- 1947
Property Description
Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent location central to Downtown Phoenix, Tempe ASU, Arcadia, Scottsdale. All units updated in 2020 including floors, kitchen, bathroom, roof, mini-splits/window units. Opportunity to increase monthly rental income. Drive by only DO NOT Disturb tenants.
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Additional Information
- Taxes
- $754
- Net Operating Income
- $27,626
- Cap Rate
- 5.02
- Units
- 4
- Flooring
- Ceramic Tile
- Parking Features
- 1 Space/Unit, Other
- Construction
- Block, Painted, Stucco
- Cooling
- Varies by Unit, Window/Wall Unit
- Heating
- Electric
- Zoning
- R-3
- Subdivision
- Lancaster Manors
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Sewer
- Sewer - Public
- Tenant Pays
- Cable TV
- New Financing
- FHA, Conventional, Cash
Courtesy of My Home Group Real Estate. 480-685-2760
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