Arizona Classifieds

4-Plex - For Sale By Owner Phoenix AZ

  • City: Phoenix
  • State: Arizona
  • Ad Viewed: 21 Times



Details:

4-Plex_______ (For Sale By Owner)_________ Located in Vadnais Heights. This property features a 8.5 % Cap Rate. The building has (3) 2-Bedroom 1- bath apartments and (1)- 3 Bedroom 1.5 -bath. Split entry with 2- up and 2 down configuration, upper units have private decks . The HVAC was completely updated in 2016, which included 4-new high efficiency Heat/AC units and 4-new water heaters. Two of the apartments have been completely renovated and the other 2 have been refreshed and are in great shape. The property also has a four car garage and off street parking. The apartments have separate gas and electric meters and on-site coin laundry available to residents. The exterior was painted in 2017. White Bear Lake School District # 624 Located on Metro Transit Line and quick access to major freeways. Close to Maplewood Mall and other large retail centers, restaurants and major employers. The building is fully leased with a waiting list of interested tenants and has great cash flow. Rent Roll Apt#1 975.00 Apt#2 950.00 Apt#3 1200.00 Apt#4 1000.00 Laundry - 225.00 --------------------------- $ 4125.00 / month ( $ 49,500.00 year) Taxes $ 6512.00 / year Utilities $ 1750.00 / year Only "Serious Inquiries" Only " NO BROKERS " Considerations given to All Cash offers and quick closing.

This classified ad about 4-Plex - For Sale By Owner related to apartments for rent was posted in Phoenix,Arizona. It has been viewed by 21 visitors.

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