BEDS0
BATHS
MLS#7031584
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPARKWAY VILLAGE
SCHOOLPhoenix Union High School District
Property Description
Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking.Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other, See Remarks
Heating: Other, See Remarks
Roof Type: Tile
Taxes: $2,884
Year Built: 1973
Feature Descriptions
Community Features: No Pool
Days on Site: 3
Exterior: Block, Wood Frame, Painted, Stucco
Flooring: Other
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: Compass
Agency Phone: 480-776-1555
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 1,787.17 per month $1,367.61 Principal & Interest $240.33 Property Tax $179.23 Homeowner's Insurance
4421 N 53rd Lane | MLS# 7031584
This multi-family property located at 4421 N 53rd Lane, Phoenix, AZ 85031 is currently listed for sale with an asking price of $614,500. N 53rd Lane is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.