- $699k Price
2036 W Cactus Road
A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. 3 of the units have been extensively remodeled with new flooring, new kitchen cabinets, counters and appliances, new vanities, tubs and toilets, popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owned 4 plex buildings. Units C and D have private fenced yards. Roof was new in 2018. Unit A - new A/C in 2023. Unit D - new A/C in 2021. Unit C - new A/C in 2020. 100% occupied at below market rates. Market rents indicate a $1250-$1350 per month rate is possible, making the CAP rate a terrific 7%+. Community laundry. NO HOA!
Essential Information
- MLS® #6695476
- Price$699,000
- Bathrooms0.00
- Acres0.00
- Year Built1963
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address2036 W Cactus Road
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85029
Amenities
- AmenitiesSee Remarks
- Parking Spaces4
Parking
Add'l Parking Avail, 1 Space/Unit
Interior
- AppliancesF/S Oven/Range
Heating
Individual, Heat Pump, Electric
Cooling
Central A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)
Exterior
- RoofFoam
- ConstructionSiding, Painted, Block
School Information
District
Glendale Union High School District
Additional Information
- ZoningR-3
Listing Details
- OfficeMcMath Realty LLC
McMath Realty LLC.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on May 5th, 2024 at 8:15am MST.