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10823 N 18TH Avenue Phoenix, AZ 85029

  • 3 No. of Units
  • lot size area: 62 x 130
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MultiFamily-Active $ 245,000

MLS#: 5780262

Courtesy of: Cambridge Properties, Inc.

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Description

This is a fantastic opportunity to own a well cared for triplex with easily achievable upside. By just increasing rents by 8 cents a square foot or $50 a month you will be at a 6 CAP. Plus with great proximity to the light rail extension and the new Federal Opportunity Zone (see attached documents tab) this neighborhood is getting ready to experience tremendous growth in the coming years. As for the property it has been professionally managed and the owners are the kind of people that when something needs attention or repair they address it immediately. This isn't a property with deferred maintenance. In fact, two of the three units have been updated within the last 2 years. This is about as good as it gets for a triplex.

Specifications


    Location, Tax & Legal


  • 1025
  • Sunnyslope

    General Property Description


  • 006 - Washington Elementary District
  • 205 - Glendale Union High School District

    Legal Info


  • 3E
  • 19
  • 6

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