Easy Keeper Money Maker 4 Units

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Address: 2832 E Monte Cristo Ave, Phoenix, AZ 85032, USA
Created date: December 7, 2023
Date last updated: December 7, 2023

Large Units

Covered Parking

All Appliances Included

Laundry Inside Each Unit

Gated Community w/Pool

Property Description

Don't miss this opportunity!! Value add 4plex in North Central Phoenix! Tenants are month to month! New owner will achieve immediate income increase by doing a refresh of the interiors. 1982 constructed building with an incredible unit mix: One - 3 bed / 3 bath, Two 2 bed / 2 bath units and one 1 bed / 1 bath. The residents love the huge interiors with modern layouts and in-unit full size washer/dryer. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: water, sewer, trash, common area, and the pool). Each building in the community has 4 covered parking spaces and additional uncovered spaces. *Update-HOA just installed submeters for water/sewer billing direct to tenants!! Painting all walls and buildings is underway!!

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Multifamily type: 2-4 Units
Price: $629,950
No. of Units: 4
Cap Rate: 7.0%
Average Occupancy: 100
Year Built: 1982
Year Renovated: 2000
Building Size: 3,705 Sq ft
Lot Size: 5,834.00 Sq ft
No. of Stories: 2
APN: 214-39-039
Zoning Code: Multi Family
Buy Side Fee: 2.5%
Opportunity Zone: No
Price per unit: $157,488
Address: 2832 E Monte Cristo Ave, Phoenix, AZ 85032, USA

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