Details
Nicely upgraded triplex near Phoenix Children's Hospital off of 16th/Thomas in the 850006 zip. Near the Coronado & Garfield districts. Operating at a 7+ CAP with strong rents in place. Well-operated & well-tuned. Rents: Unit 1 is $1688 (now vacant); Unit 2 $1388; & Unit 3 $1388. All three interiors have been fully upgraded with newer kitchens/bathrooms. The front 2 bedroom/1 bath house is 916 sf & the most upgraded overall. The back duplex has a 1 bedroom lower, & a studio unit upper. The units have separate tenant-paid electric & gas. The front house has a roof mounted HVAC, while the back duplex has window units. Highly stabilized, this triplex is an excellent 1031 up leg option. Also available by the same ownership on the same block is 1825 E Harvard (6715612). Buy one or both.