Phoenix, Arizona This 1963 built four-plex is a single story concrete building with four 2-bedroom/1 bath units. All 4 units were rehabbed within the past 2 years...
Apartment Building - 22nd Street Four-Plex
Status: Price: Bldg. Size: Units: Cap Rate: Primary Type: Sub-Type:
Active $115,000 2,400 SF 7 7.73% Multifamily Garden/Low-Rise
Highlights
Individually metered for electricity
Surrounded by major employers/retail
Private parking
Great rental area
Most completely remodeled
All 2-bedroom
Description
This 1963 built four-plex is a single story concrete building with four 2-bedroom/1 bath units. All 4 units were rehabbed within the past 2 years and there is very little deferred maintenance. Units are individually metered for electricity and private parking is located in the back. This is a strong rental area and offers easy access to multiple employment opportunities, restaurants, and shopping malls. New homes are nearby. Also available are 4-plexes at 6434, 6444, 6450, and 6454 S 22nd Street.
The property is located north of Baseline Road and south of Southern Avenue and is west of 24th Street.