4103 E Moreland Street, Phoenix, AZ 85008
- $1,175,000
- 8
- BD
- 4
- BA
- List Price
- $1,175,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 7105385
- City
- Phoenix
- Bedrooms
- 8
- Bathrooms
- 4
- Year Built
- 1963
Property Description
INVESTOR OPPORTUNITY! Live in one unit and rent out the other three! This renovated fourplex features four identical 2-bed, 1-bath units; three are occupied and one is vacant for an owner-occupant. Each offers modern finishes, a full-size stackable washer/dryer, private patio, low-maintenance yard, and covered parking. Roof recently updated; partial plumbing updates, dual-pane windows, HVAC systems, and water heaters are just 3 years old. Prepaid, warrantied solar helps offset electricity costs. Located in a rapidly developing neighborhood with potential to increase rents and implement RUBS utility billing. Let rental income help cover your mortgage while you build equity. Don't miss this income-producing opportunity--schedule your private tour today!
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Additional Information
- Taxes
- $1,006
- Net Operating Income
- $69,582
- Cap Rate
- 5.92
- Units
- 4
- Parking Features
- 1 Space/Unit
- Construction
- Block, Stucco
- Roofing
- Composition
- Cooling
- Varies by Unit
- Heating
- Varies by Unit
- Zoning
- R-4
- Subdivision
- Whispering Sands
- Community Features
- No Pool
- Electric
- APS, Master Meter, Solar
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection, Landscaping
- New Financing
- VA Loan, Conventional, Cash
Courtesy of Opulent Real Estate Group. 480-588-8356
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