2838 E Le Marche Avenue, Phoenix, AZ 85032

$540,000
8
BD
300
BA

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List Price
$540,000
Status
ACTIVE
Days on Market
2
MLS#
7094664
City
Phoenix
Bedrooms
8
Bathrooms
300
Year Built
1982

Property Description

Investor's Delight for CASH FLOW! All units rented, 2br/2ba each for 3 Units with inside laundry. Unit 103 is a 1.5ba. Ideal location to schools close by, Loop 101 and 51, Desert Ridge, Scottsdale & Downtown Phoenix, DRIVE BY ONLY, DO NOT DISTURB TENANTS. There are 4 Leased Units that are each 2 Bedrooms. 103 - $1600 101 - $1500 102 - $1400 201 - $1300 totaling $5,800 Gross Rent/monthly..

Additional Information

Taxes
$1,406
Net Operating Income
$62,059
Cap Rate
11.49
Units
4
Parking Features
Carport, <1 Space Per Unit
Construction
Wood Frame, Painted, Stucco
Roofing
Built-Up
Cooling
Heat Pump, Electric, Ceiling Fan(s)
Heating
Electric, Heat Pump
Zoning
MULTI
Exterior Features
Sidewalk(s)
Subdivision
Greenway Manor
Community Features
Pool, Play Area, Barbecue
Electric
APS, Individual Meter
Water
City Franchise, Individual Meter
Sewer
Public Sewer
Tenant Pays
Water, Electricity
New Financing
VA Loan, FHA, Conventional, No Carry, Cash

Courtesy of RE/MAX Fine Properties. 480-792-9500

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