1425 E Roosevelt Street, Phoenix, AZ 85006

$719,000
6
BD
4
BA

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List Price
$719,000
Status
ACTIVE
Days on Market
229
Price Change
▼ $80,000 1785902472
MLS#
6986269
Subtype
Multiple Dwellings
Year Built
1946
Bedrooms
6
Bathrooms
4
Subdivision
Kleck Tract

Property Description

Four-unit income property with in-place rents of $61,287 annually and low operating expenses. Unit mix includes (1) studio, (1) 1BD/1BA, and (2) 2BD/1BA units, all comprehensively updated with new flooring, cabinetry, countertops, walk-in showers, and stainless appliances. The studio was fully rebuilt, creating a turnkey asset with no deferred maintenance. All units are individually metered for electricity, water, and gas, keeping expenses low and NOI clean. Ideal for owner-occupants using VA or FHA financing or investors seeking a stabilized, low-maintenance asset. Rent roll and financials available upon request.

Additional Information

Taxes
$823
Zoning
R-5
Flooring
Other
Appliances
Free-Standing Range, Refrigerator, Other
Heating
Other
Air Conditioning
Other
Exterior Construction
Block, Wood Frame, Painted
Parking Features
>1 Space Per Unit

Courtesy of ABI Multifamily. 602-714-1400

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