Phoenix, AZ 85006
$719,000
Four-unit income property with in-place rents of $61,287 annually and low operating expenses. Unit mix includes (1) studio, (1) 1BD/1BA, and (2) 2BD/1BA units, all comprehensively updated with new flooring, cabinetry, countertops, walk-in showers, and stainless appliances. The studio was fully rebuilt, creating a turnkey asset with no deferred maintenance. All units are individually metered for electricity, water, and gas, keeping expenses low and NOI clean. Ideal for owner-occupants using VA or FHA financing or investors seeking a stabilized, low-maintenance asset. Rent roll and financials available upon request.
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Listed by Andrew Arambula, ABI Multifamily