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Amazing investment opportunity located on Peoria Ave in Phoenix. It's a motivated seller's dream come true! This triplex is situated in one of the hottest rental markets that Phoenix has to offer. What makes this property even more enticing is its location in a highly desirable rental zone. With two 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, it's the perfect setup for attracting tenants. And guess what? All units are fully occupied with long-term tenants already in place. The rental income potential is off the charts with each of the two-bedroom units renting at $1595 per month and the one-bedroom unit commanding $1395 per month. Now that's some serious cash flow waiting to happen! The sellers have taken great pride in maintaining this building, ensuring that it remains attractive and well-kept. Recently, they even gave it a fresh coat of paint on the exterior, making it even more appealing to potential tenants. But wait, there's more! Each unit has washer/dryer hookups and separate yards for added convenience and privacy. It truly offers everything renters are looking for in a comfortable home. If you're interested in learning more about this incredible investment opportunity, please reach out to us so we can provide you with an OM (Offering Memorandum) detailing all the important information you need. We can also provide you with details about any capital improvements that have been made. Please remember not to disturb our wonderful tenants as they enjoy their peaceful living space - simply drive by for now to get a glimpse of what could be your next lucrative investment venture!

PROPERTY FEATURES

Water Source : City Franchise Sewer Source : Public Sewer Electric : APS, Individual Meter
Community Features : Other, No Pool
Parking Features: >1 Space Per Unit, Street Parking
Cooling: Central A/C Heating : Central
Construction Materials: Painted, Brick

PROPERTY DETAILS

Street Address: 1607 W PEORIA Avenue
City: Phoenix
State: Arizona
Postal Code: 85029
County: Maricopa
MLS Number: 6550950
Year Built: 1967
Courtesy of Better Homes & Gardens Real Estate SJ Fowler

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