Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features:
(2) 1-Bed / 1-Bath Units
(1) 3-Bed / 2-Bath Unit
(2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value.
Perfect for buy-and-hold investors looking to improve and stabilize a multifamy asset in a growing area of Phoenix.
Thomas & 24th ST Directions: North on 24th St to Harvard west to property
Dwelling Type: Multiple Dwellings
Subdivision: AVALON BLOCKS 5-8
Year Built: 1960, County: US
Thomas & 24th ST Directions: North on 24th St to Harvard west to property
Listing is courtesy of eXp Realty