8360 E. Raintree Suite #205

Scottsdale. AZ 85260

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1721 S 4TH STREET, PHOENIX, AZ 85004

1721 S 4TH Street
Phoenix, AZ 85004

$325,000

Sq. Ft.: 5,400
Type: Commercial
Listing #5600261
8 apartments and 4 manufactured units on this property. Remodeled with new month to month leases in place. FULLY OCCUPIED - All units are filled and there is waiting list. Tenants are mostly fixed income and faithfully pay on time. Rents are an average of $442/mo with some new leases at $500 mark. Current ownership has not implemented rent increases throughout the complex, yet has prepared the tenants for the inevitable increase .... which will yield increased CAP. Not super beautiful ... just makes money. With current rents/expenses the CAP is solid 16%. PLEASE SCHEDULE APPOINTMENT TO VIEW. Seller has added coin operated laundry facility and soda machine which will convey - neither are calculated in the CAP.
Property Features
Location Information
County: Maricopa
Map Code: Q34
Cross Street: Central and Buckeye
Latitude: 33.430366
Longitude: -112.068124
Directions: Central and BuckeyeSouth on 4th Street.
Exterior Features
Lot Size in Sq. Ft.: 6, 333
Zoning: R3
Building Type: Other (See Remarks)
Building Total Area (Sq. Ft.): 5, 400
Additional Information
Property Type: COM


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Elite Integrity Group
TravisSEIG@gmail.com
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The information related to properties for sale on this website comes in part from the Internet Data Exchange (IDX) Program of the Arizona Regional Multiple Listing Service, Inc. (ARMLS). All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
ARMLS (Arizona) data last updated at January 18, 2018 6:14 PM MST

My Home Group

My Home Group focuses on quality of service and excellent performance with each and every client.

Contact Details

623.237.2388

My Home Group

8360 E Raintree Suite #205
Scottsdale, AZ 85260

TravisSEIG@gmail.com

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