Above Average Condition 4-plex 8.36 Cap Rate
811 E. Carol Avenue, Phoenix, Arizona 85020
Sold: $297,000
Property Details
Property Type
Residential
Building Type
Freestanding
Building Size
2,640 sqft
Land Size
8,581 sqft
Units
4
Sewer
Public
Water
Master Metered Public
Zoning
Multi-FAmily
Electric
Individually Metered
Year Built
1981
Roof
Asphalt Shingle replaced 2011
Laundry
Owner Owned Stacked W/D
Parking
more than one per unit
Construction
Block
Property Description
TRADITIONAL SALE! Great opportunity for a savvy investor or someone ready to get their feet wet in real estate investing ... OR, live in one unit and rent out the other three! Lots of possibilities here for this great property. Block construction, new roof in 2011, each unit individually metered for electric & Gas, This is a great building and nicely fenced in for privacy. These units have been well maintained. This building has three one bedroom units and one 2 bedroom unit. Good cash flow opportunity. This one won't last ... make your move today! Buyer to Verify all facts, figures Etc prior to COE. Owner has added Stackable Washer and Dryers! Tenants love it! Don't miss this opportunity!
