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Details
A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. Extensively remodeled in 2020 with new flooring, new kitchen cabinets and appliances, new vanities, tubs and toilets popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owner 4 plex buildings. Units C and D have private small fenced yards. Roof was new in 2018 and unit B and C had new AC units installed in 2019. 100% occupied at below market rates. All tenants are month to month so rents can be raised. Market rents indicate a $1250-$1350 per month rate is possible., making the CAP rate a terrific 7%+. Community laundry. NO HOA! For owner occupants there is a fully ASSUMABLE FHA loan with a fixed rate of 2.99%!PROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
APS
Parking Features:
1 Space/Unit
Cooling:
Heat Pump
Heating :
Electric
Construction Materials:
Painted, Block
PROPERTY DETAILS
Street Address: 2020 W CACTUS Road
City: Phoenix
State: Arizona
Postal Code: 85029
County: Maricopa
MLS Number: 6601899
Year Built: 1963
Courtesy of HomeSmart
City: Phoenix
State: Arizona
Postal Code: 85029
County: Maricopa
MLS Number: 6601899
Year Built: 1963
Courtesy of HomeSmart
Courtesy of Premier Haven Management Solutions, LLC