Listing Courtesy of: Howard L Rudin - West USA Realty
602-942-4200
$1,980,000
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1313 E CAROL Avenue Phoenix, AZ 85020
Multi-Family
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Here is your opportunity to own three single level triplexes in a row. Each is on a separate parcel giving you the opportunity to utilize either conventional financing or commercial lending. This well-maintained property backs to desert area and a park. Great mountain views in all directions. Grass...y areas outside the front doors of all the buildings is inviting and beautiful. All units are Spacious 2 bedrooms, 1 bath with 880 square feet of living space. Buildings have separate storage rooms for each tenant. Kitchens have dining area and sliding door to back patio. There are two coin-op laundry rooms. Complex is 100% occupied and is easy to manage. Self-manage this one and get an immediate cap rate of 5.5%. Increase rents and bring it up to a 6.2% cap rate. Drive by only.
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MLS#
6787057
Property Type
Multi-Family
Year Built
1962
Sewer
Public Sewer
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