BURROUGHS
Property • Multiple Dwellings
Web ID # 6974630
$773,500.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
*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.
South on 12th St, E on Culver, Building is on the North Side of the Street.
Dwelling Type: Multiple Dwellings
Subdivision: BURROUGHS
Year Built: 1985, County: N/A
South on 12th St, E on Culver, Building is on the North Side of the Street.
Listing is courtesy of Better Homes & Gardens Real Estate SJ Fowler
