4233 N Longview Avenue, Phoenix, AZ 85014

$2,700,000
24
BD
24
BA

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List Price
$2,700,000
Status
ACTIVE
Days on Market
3
MLS#
7083167
City
Phoenix
Bedrooms
24
Bathrooms
24
Year Built
1987

Property Description

Interior improvements include upgraded flooring, cabinetry, doors, windows, countertops, and in-unit washers and dryers, creating a modernized living environment throughout the property. Ownership has also completed substantial exterior and common-area improvements, including a new swimming pool, new roofs, refreshed landscaping, and a fully redone parking lot. Together, these upgrades materially enhance the property's competitive positioning while reducing near-term capital expenditure requirements for new ownership.

Additional Information

Taxes
$5,481
Net Operating Income
$170,795
Cap Rate
6.33
Units
12
Parking Features
>1 Space Per Unit
Construction
Wood Frame, Stucco
Roofing
Foam
Cooling
Electric, Varies by Unit
Heating
Electric
Zoning
R-3
Community Features
Pool
Electric
APS
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
Conventional, 1031 Exchange, No Carry, Cash

Courtesy of Marcus & Millichap. 602-687-6700

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