House for sale

Phoenix AZ 85020

Overview

Three, 1-story buildings comprised of 7 apartment units and 1 large storage room/office. The office is plumbed and has 1 bathroom, it could be made into a 2bd apartment unit creating a value-add opportunity. (3) 2bd/1ba units and (4) 1bd/1ba units. The property has laundry facilities which generate additional income. There is a two-year Triple Net Lease (NNN) that includes insurance, property taxes and other fees. This master lease will go into effect on June 1, 2024. To be purchased with adjacent 801 E Dunlap Ave. Select units have been completely renovated with new flooring, cabinets, countertops and fresh paint. Nearby employers include Ping Golf, Maximus, OpenTec Alliance, APS, among others.

Details

  • Price: $1,450,000
  • Reference No.: 70242966
  • Area: 4,558 sqft

Location

Phoenix AZ 85020

House for sale

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2024-04-05, Viewed 0 times.