Remodeled Downtown Phoenix 4-Plex

[Keith Grayson]

Located just blocks from Downtown Phoenix, Chase Field, Talking Stick Arena, and Comerica Theatre, this charming multi-family property brings in $2,900 per month and $34,800 for a 10% CAP. The property has been fully remodeled with a new roof, new HVAC, high efficiency mini-splits on the rear units, fresh paint and stucco, new plumbing lines and electric. All kitchens include gray shaker cabinets, all appliances, and new counter tops. Unit 1 is a two bedroom home that rents for $1,100 per month, Units 2/3 are studios that go for $500 each, and Unit 4 is a one bedroom that rents for $800 per month. All leases are month to month and professionally managed. Deposits are held with Broker and transfer upon sale.