Details
Invest in this exceptional 8-unit complex in Phoenix. This multifamily comprises three 1-bedroom units and five studios, offering cash flow from day one. The property is fully fenced and includes one dedicated parking spot per unit. Plumbing, electrical, and HVAC upgraded in 2021. Each unit has its own sub-panel inside. All 1-bedroom units feature in-unit washer/dryers, while studios utilize a shared laundry facility on-site. With the area's high demand for affordable rentals, vacancies are rare. There's potential for adding value by replacing flooring and installing washer/dryers in rest of the units. The property's R-5 zoning allows for maximum density in multifamily development, presenting future redevelopment possibilities. DRIVE-BY ONLY. DO NOT disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.