Exceptional investment opportunity to acquire a well-located four-unit apartment Ideally situated just minutes from Downtown Phoenix, Phoenix Sky Harbor International Airport, and major freeways, this property offers strong rental demand and outstanding value-add potential.The property features four 2-bedroom, 1-bathroom units, providing an attractive unit mix for tenants. Investors will appreciate the significant upside in rental income, with below-market rents offering the opportunity to increase cash flow over time.Recent capital improvements include a roof replaced approximately two years ago and two HVAC units replaced approximately two years ago, helping to minimize near-term maintenance costs. Each unit is individually metered for electricity, while low City of Phoenix water, sewer, Trash and taxes contribute to an efficient operating expense ratio. All facts and figures are approximate, buyer to verify to their own satisfaction.
Listed By
Agency Name: Levrose Real Estate
Agency Phone: 480-947-0600
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 1,537.41 per month $1,279.70 Principal & Interest $90.00 Property Tax $167.71 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3702 E Polk Street | MLS# 7055439
This multi-family property located at 3702 E Polk Street, Phoenix, AZ 85008 is currently listed for sale with an asking price of $575,000. Search Phoenix real estate on www.arizonabest.com today.