BEDS0
BATHS
MLS#6974630
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBURROUGHS
SCHOOLPhoenix Union High School District
Property Description
*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Heat Pump, Electric, Varies by Unit
Heating: Electric, Heat Pump
Roof Type: Composition
Taxes: $1,724
Year Built: 1985
Feature Descriptions
Community Features: See Remarks
Days on Site: 84
Exterior: Wood Frame, Stucco
Parking: <1 Space Per Unit
Water: City Franchise
Local Schools
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: Better Homes & Gardens Real Estate SJ Fowler
Agency Phone: 480-649-3536
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 2,083.19 per month $1,714.80 Principal & Interest $143.67 Property Tax $224.73 Homeowner's Insurance
1318 E Culver Street | MLS# 6974630
This multi-family property located at 1318 E Culver Street, Phoenix, AZ 85006 is currently listed for sale with an asking price of $770,500. E Culver Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.