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3702 E Polk Street, Phoenix, AZ 85008

$575,000
  • 3702 E Polk Street, Phoenix, AZ 85008 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#7055439
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump, Varies by Unit
Heating: Electric, Varies by Unit
Roof Type: Composition
Taxes: $1,080
Year Built: 1983

Feature Descriptions

Community Features: Other
Days on Site: 3
Exterior: Block, Stucco
Parking: >1 Space Per Unit
Water: City Franchise

Listed By / Shown By

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

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Estimated Payment

$ 1,537.41 per month $1,279.70 Principal & Interest $90.00 Property Tax $167.71 Homeowner's Insurance

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