Courtesy of Better Homes & Gardens Real Estate SJ Fowler
Property Description
*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.
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Property Details and Features
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Appliances & Equipment
- "Refrigerator"
- "Free-Standing Electric Oven"
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Building
- Built in 1985
- Construction materials: "Wood Frame", "Stucco"
- 4 total units
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Cooling
- "Electric"
- "Heat Pump"
- "Individual"
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Expenses
- Insurance: $1,800
- Maintenance: $1,600
- Water sewer: $3,385
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Floors
- "Tile"
- "Laminate"
- "Carpet"
- "Vinyl"
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Heating
- "Heat Pump"
- "Electric"
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Listing
- Listing ID: 6974630
- Standard status: Active
- 93 days on market
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Location
- Subdivision name: BURROUGHS
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Parking
- "<1 Space Per Unit"
- 8 total parkings
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Property
- Zoning: R-3
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Roof
- "Composition"
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Schools
- High school district: Phoenix Union High School District
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Sewer
- "Public Sewer"
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Taxes
- Annual amount: $1,724
- Lot: 20
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Utilities
- "APS"
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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.