Looking for a solid cash-flowing asset in Phoenix? This 4-plex is a must-see! Currently generating $4,000 per month in gross rental income from three fully-occupied units, this property offers a fantastic opportunity for investors looking to maximize returns. But that's not all - there's huge potential for value-add! The fourth unit is available for house hacking, either by living in it yourself or renting it out for even more income. With the possibility of grossing $5,700 per month once the fourth unit is rented, this property is primed for cash flow expansion.
MLS# | 6802584 |
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Listing Type | For Sale |
Sub-Type | For-sale |
Status | Pending |
Year | 1974 |
Days On Site | 32 |
Listing Provided By | Realty ONE Group | Daniel K Papin |
Garage | 4 |
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Units | 4 |
Building(s) | 1 |
Zoning | n/a |
State | AZ |
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County | Maricopa |
City | Phoenix |
Zip Code | 85051 |
Area | Maricopa |
Community Name | NORTHERN LANAI UNIT 1 |
School District | Glendale Union High School Distr |
Elementary School | Washington Elementary School Dis |
Listing VS Median (in NORTHERN LANAI UNIT 1) | |
Price: $879,000 low | high Med: $0 On Site: 32 low | high Med: |