This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and… Read More located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP. Read Less
Courtesy of HomeSmart, Monica Coker, 602-230-7600.
Listing Snapshot
Days Online
119
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6988566
30 Days Snapshot Of 85008
$453k
-8%
(avg) sold price
12
-45%
homes sold
68
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave, W/D Hookup
Building
Built in 1960, Construction materials: Painted, Block, 4 total units
Cooling
Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual
Expenses
Insurance: $1,600, Water sewer: $4,100
Floors
Ceramic Tile
Heating
Electric
Parking
Off Street, >1 Space Per Unit, 5 total parkings
Property
Zoning: Multi-Family
Roof
Composition
Security Features
Security Light(s)
Sewer
Public Sewer
Taxes
Annual amount: $1,184, Lot: 47
Utilities
SRP
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