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Details
Exceptional fourplex in a prime location with zero turnover in over five years. This well-maintained asset features three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Situated within the North I-17 employment corridor, the area boasts over 95,000 jobs within a 5-mile radius of the property. The roof was replaced in 2020 and comes with a 10-year warranty, while the parking lot was repaved in 2022. Long-term tenants enjoy the large yard & maintain the property, resulting in minimal expenses for the owner. The owner covers water and electricity for security and laundry, while tenants are responsible for their own electric bills. This presents a value-add opportunity with immediate upside potential, as current rents are below market and on a month-to-month basis.PROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
APS
Community Features :
No Pool
Parking Features:
Paved Parking, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
Cooling:
Electric, Ceiling Fan(s)
Heating :
Electric
Construction Materials:
Brick Veneer, Block, Frame - Metal, Frame - Wood
Flooring :
Other, Ceramic Tile
PROPERTY DETAILS
Street Address: 1905 W VILLAGE Drive
City: Phoenix
State: Arizona
Postal Code: 85023
County: Maricopa
MLS Number: 6732203
Year Built: 1970
Courtesy of Marcus & Millichap
City: Phoenix
State: Arizona
Postal Code: 85023
County: Maricopa
MLS Number: 6732203
Year Built: 1970
Courtesy of Marcus & Millichap
Courtesy of Premier Haven Management Solutions, LLC