Mailbox money calling! Fully rented multifamily near Arcadia with 6 bedrooms and 4 bathrooms on over 1/4 acre lot with very landlord friendly units. This primarily block property has been remodeled 3 years ago and in that time completed a new roof, flooring, appliances, cabinets, water heater, landlord thermostats, rolling… Read More gates, comes with over $9k in security deposits. Landscape on drip system. Zoned R-5 high density multifamily which allows for more units on this parcel. Developments all around the area. Priced at a 8.5% cap rate. Do not disturb tenants. Motivated seller. Read Less
Courtesy of Barrett Real Estate 480-864-2100
Listing Snapshot
Days Online
36
Last Updated
Property Type
Multiple Dwellings
Year Built
1956
MLS Number
6858446
Additional Details
Appliances & Equipment
"Free-Standing Range", "Refrigerator", "Free-Standing Gas Oven", "Microwave", "W/D Hookup"
Building
Built in 1956, Construction materials: "Painted", "Stucco", "Block", 2 total units
Cooling
"Heat Pump", "2 or More Units"
Floors
"Vinyl"
Heating
"Electric"
Parking
"1 Space/Unit", 6 total parkings
Property
Zoning: R-5
Roof
"Composition"
Sewer
"Sewer-In & Connected", "Public Sewer"
Taxes
Annual amount: $2,364, Lot: 362N3E
Utilities
"SRP"
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