Mailbox money calling! Fully rented multifamily near Arcadia with 6 bedrooms and 4 bathrooms on over 1/4 acre lot with very landlord friendly units. This primarily block property has been remodeled 3 years ago and in that time completed a new roof, flooring, appliances, cabinets, water heater, landlord thermostats, rolling gates, comes with over $9k in security deposits. Landscape on drip system. Zoned R-5 high density multifamily which allows for more units on this parcel. Developments all around the area. Priced at a 8.5% cap rate. Do not disturb tenants. Motivated seller.
Free-Standing Range, Refrigerator, Free-Standing Gas Oven, Microwave, W/D Hookup
Phoenix Union High School District
Date | Details | Change |
---|---|---|
Status Changed from Active to Active Under Contract | – | |
Status Changed from Pending to Active | – | |
Status Changed from Active to Pending | – | |
Price Reduced from $790,000 to $780,000 |
Barrett Real Estate.
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Listing information last updated on July 12th, 2025 at 3:32pm MST.