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2222 E Garfield Street, Phoenix
$1,395,000
10 Beds ⋅ 6 Baths ⋅ 6688201 MLS
**Investment Opportunity: Prime Real Estate with High Potential** *Hands-Off Investment on a Triple Net Lease*Introducing an exceptional investment opportunity in the heart of the Roosevelt Historical District, offering a fully renovated, hands-off investment property with an established tenant under a pure triple net lease (NNN). This 4-unit property, meticulously upgraded, is leased to a single tenant who covers 100% of all expenses, making this a hassle-free investment that promises consistent cash flow. With a cap rate of over 7.5%, this property offers an attractive income-generating opportunity. The Property will be occupied on 11/1/2024 with a three year lease and rental bumps year two and three. Buyer should read the additional information here. Buyer to verify all facts **Investment Opportunity: Prime Real Estate with High Potential** *Hands-Off Investment on a Triple Net Lease* Introducing an exceptional investment opportunity in the heart of the Roosevelt Historical District, offering a fully renovated, hands-off investment property with an established tenant under a pure triple net lease (NNN). This 4-unit property, meticulously upgraded, is leased to a single tenant who covers 100% of all expenses, making this a hassle-free investment that promises consistent cash flow. With a cap rate of over 7.5%, this property offers an attractive income-generating opportunity. The Property will be occupied on 11/1/2024 with a three year lease and rental bumps year two and three. **Property Overview:** - **Unit Mix**: - 1 x 3 Bedroom, 2 Bath - 2 x 2 Bedroom, 1 Bath - 1 x 1 Bedroom, 1 Bath - **Complete Renovation**: The property has undergone a full gut and remodel, presenting a contemporary and attractive living space for tenants. - **Key Upgrades**: - All-new plumbing, electric systems, and reinforced roof joists - New air conditioning units, flooring, and exterior stucco - Modern dual pane windows and new exterior doors for security and energy efficiency - Fresh concrete walkways and parking spaces, ensuring convenience for tenants - New ceiling fans in living rooms and all bedrooms for comfort - New landscaping to enhance curb appeal - Stylish new cabinets, bathrooms, stainless steel appliances, and quartz countertops **Investment Highlights:** 1. **Turnkey Investment**: With renovations completed and permits finalized, the property is ready to generate immediate rental income. 2. **Versatile Unit Mix**: A diverse selection of unit sizes to accommodate families, professionals, and individuals, enhancing occupancy rates. 3. **High-Quality Renovation**: Every detail of the renovation was completed with precision, offering durability and ensuring tenant satisfaction. 4. **Modern Amenities**: Tenants will enjoy the convenience of modern appliances, attractive finishes, and energy-efficient features. 5. **High Cap Rate**: With a cap rate of over 7.5%, this property provides a strong income stream and attractive investment potential. **Investment Strategy:** - **Immediate Income**: Rental income begins upon acquisition. - **Long-Term Growth**: Located in a thriving area, this property is positioned for future appreciation. - **Hassle-Free Management**: The NNN lease structure means the tenant handles all expenses, including maintenance, taxes, and insurance, while you enjoy passive income. Don't miss this opportunity to invest in a hands-off, income-generating property that's ready to deliver returns from day one.

2222 E Garfield Street, Phoenix

Courtesy of Gerchick Real Estate. 602-688-9279 Selling Office: Keller Williams Realty Phoenix.

1241 E Mckinley Street, Phoenix
$950,000
5 Beds ⋅ 5 Baths ⋅ 6683188 MLS
The Repp in Garfield is comprised of two single family homes and one duplex built in 1965, 1968, and 1996. The community consists of (1) large 2-bed / 2-bath home and (3) studio units. In 2023 the property underwent extensive interior and exterior renovations. The exterior renovations consist of all new landscaping, new windows, new sewer line, well-designed private backyards for all units, and much more. The interior renovations consist of all new stainless steel appliance packages, quartz countertops, installation of all new stackable washers and dryers, along with many other improvements. Residents and prospective investors are sure to notice that the Seller paid great attention to detail and spared no expense while rebuilding this property. Ideal for Owner Occupancy.

1241 E Mckinley Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: SRL Group.

2301 E Harvard Street Unit 4, Phoenix
$585,000
5 Beds ⋅ 4 Baths ⋅ 6682593 MLS
Unlock the potential of this remarkable affordable rental property, A rare investment opportunity nestled in a thriving community. With its strategic location and promising rental income, this property presents a compelling proposition for savvy investors seeking long term growth. Offering affordable housing solutions to those in need, it stands as a beacon of opportunity and social impact. Featuring a solid structure and stable tenant base., this property ensures a steady stream of revenue with minimal management hassle. Invest in the future while making a meaningful difference in the lives of others with this exceptional income-generating asset. Current rents are way below market. the 2 bedroom should be $1200+ and the 1 bedrooms should all be $925

2301 E Harvard Street Unit 4, Phoenix

Courtesy of Realty ONE Group. 480-315-1240 Selling Office: Non-MLS Office.

3800 N 6th Street, Phoenix
$2,200,000
10 Beds ⋅ 100 Baths ⋅ 6680239 MLS
Don't miss this exceptional opportunity, NO HOA! This Fourplex in Thomas Place offers both convenience and luxury. Inside enjoy spacious great rooms, modern kitchens with white cabinets, stainless steel appliances, granite countertops, and inviting breakfast bars. Two units offer 3 bedrooms and 2.5 bathrooms, while the other two feature 2 bedrooms plus a loft and 2.5 bathrooms, all spanning 1600 sqft and coming with a 2-car garage. Nestled in a prime location, this property provides easy access to popular restaurants, shops, and attractions, with private backyard spaces featuring synthetic grass and paver patios. This 4-unit property presents an incredible investment opportunity!

3800 N 6th Street, Phoenix

Courtesy of West USA Realty. 602-942-4200 Selling Office: The Noble Agency.

3221 W Melvin Street, Phoenix
$583,900
8 Beds ⋅ 4 Baths ⋅ 6672080 MLS
This partially upgraded, well-maintained 4-plex offers a great opportunity for FHA buyers or long-term investors. Recent upgrades include new kitchen & bathroom finishes, fixtures, interior paint, new roof, and security lights. HVACs, water heaters, and energy-efficient windows have also been upgraded/replaced as needed. The unit mix features (4) two-bed / one-bath units. On-site parking is available for the tenants. Seller has an assumable FHA loan as financing option for the right buyer. Three units are occupied and one is currently vacant; perfect for FHA buyers. Tenants pay a monthly stipend for water, sewer, & trash. Conveniently located in West Phoenix near I-10 and I-17 Freeways.

3221 W Melvin Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: 1st Dream Realty.

822 E Rose Lane, Phoenix
$1,050,000
4 Beds ⋅ 16 Baths ⋅ 6670257 MLS
Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, Rose Lane is primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers. Built in 1960, Rose Lane is comprised of 4 units with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units primed for an elevated upgrade package resulting in an expected premium of ±$200 per month already proven in the immediate submarket.

822 E Rose Lane, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700 Selling Office: West USA Realty.

2845 E Kathleen Road, Phoenix
$645,000
8 Beds ⋅ 7 Baths ⋅ 6666173 MLS
Exceptional investment opportunity awaits in North Phoenix! Discover this fourplex strategically located just minutes away from the vibrant Desert Ridge Marketplace. The ideal unit mix includes one 1-bedroom/1-bathroom unit, two 2-bedroom/2-bathroom units, and one 3-bedroom/2-bathroom unit. Each unit boasts generous square footage and convenient washer/dryer hookups. Embrace outdoor living with ground level patios or balconies for each unit, providing a perfect spot to relax just steps away from the inviting community pool. Enjoy a hassle-free ownership experience with no owner utilities to worry about. The HOA covers essential services, including trash, common area maintenance, landscaping, pool maintenance. Tenants pay electric and water and sewer.

2845 E Kathleen Road, Phoenix

Courtesy of ES Realty. 602-688-4778 Selling Office: HomeSmart.

907 E Claremont Street, Phoenix
$1,025,000
8 Beds ⋅ 16 Baths ⋅ 6644882 MLS
Nestled in the heart of one of North Central Phoenix's famous historic neighborhoods, Claremont (''the property''), is primely positioned just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy. The proximity to one of The Valley's major transportation arteries, State Route 51, offers convenient accessibility to destinations valley wide. Within minutes of Claremont sits The Innovation Employment Corridor and Biltmore Employment Corridor, which presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health, IBM, Cisco and Charles Schwab. Together, the prominent employment Corridors showcase a combined ±117,000 employees and ±3,300 employers. Built in 1958, Claremont offers an appealing unit mix all two-bedroom floor plans with an average unit size of ±850 square feet. Future ownership will have the enticing opportunity to capitalize on 100% of the units, primed for an elevated upgrade package resulting in an expected premium of ±$250 per month.

907 E Claremont Street, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700 Selling Office: Non-MLS Office.

910 E Rose Lane, Phoenix
$1,080,000
8 Beds ⋅ 32 Baths ⋅ 6644877 MLS
Nestled in the heart of one of North Central Phoenix's famous historic neighborhoods, Rose Lane (''the property''), is primely positioned just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy. The proximity to one of The Valley's major transportation arteries, State Route 51, offers convenient accessibility to destinations valley wide. Within minutes of Rose Lane sits The Innovation Employment Corridor and Biltmore Employment Corridor, which presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health, IBM, Cisco and Charles Schwab. Together, the prominent employment Corridors showcase a combined ±117,000 employees and ±3,300 employers. Built in 1960, Rose Lane offers an appealing unit mix all two-bedroom floor plans with an average unit size of ±850 square feet. Future ownership will have the enticing opportunity to capitalize on 100% of the units, primed for an elevated upgrade package resulting in an expected premium of ±$250 per month.

910 E Rose Lane, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700 Selling Office: West USA Realty.

2604 W Pierson Street, Phoenix
$618,000
6 Beds ⋅ 5 Baths ⋅ 6627002 MLS
Great opportunity! Blocks from GCU! This attractive 4-plex on a corner lot combines functionality with convenience! Six carport spaces on the side of the property offer ample off-street parking, a coveted amenity for residents. Each unit benefits from a private back patio, fully fenced for added security and privacy, allowing tenants to enjoy their own outdoor space. This real estate opportunity is ideal for an investor looking to capitalize on a multi-family dwelling that promises both rental income and the potential for property value appreciation. Property boasts a 4-plex plus additional studio. Don't wait! Fully occupied, please respect the tenant's rights and do not walk the property with out approval.

2604 W Pierson Street, Phoenix

Courtesy of PADLAB. 480-242-3003 Selling Office: Gile Commercial Real Estate.

2832 E Monte Cristo Avenue, Phoenix
$650,000
8 Beds ⋅ 8 Baths ⋅ 6623278 MLS
Don't miss this opportunity!! Value add 4plex in North Central Phoenix! Tenants are month to month! New owner will achieve immediate income increase by doing a refresh of the interiors. 1982 constructed building with an incredible unit mix: One - 3 bed / 3 bath, Two 2 bed / 2 bath units and one 1 bed / 1 bath. The residents love the huge interiors with modern layouts and in-unit full size washer/dryer. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: water, sewer, trash, common area, and the pool). Each building in the community has 4 covered parking spaces and additional uncovered spaces. *Update-HOA just installed submeters for water/sewer billing direct to tenants!! Painting all walls and buildings is underway!!

2832 E Monte Cristo Avenue, Phoenix

Courtesy of Keller Williams Arizona Realty. 480-767-3000 Selling Office: Realty ONE Group.

908 E Claremont Street, Phoenix
$1,100,000
6 Beds ⋅ 8 Baths ⋅ 6622543 MLS
Advantageously placed just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy, Claremont IV (''the property'') is a 4-unit apartment community primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Built in 1958 and renovated in 2023, Claremont IV is comprised of one-bedroom and two-bedroom floorplans covering an average of ±763 square feet - each equipped with Individual washer/dryer. The entire community exterior and all main electrical panels have been upgraded. In addition, each unit's interior has been completely renovated with new appliances, countertops, cabinets, flooring, fixtures and hardware.

908 E Claremont Street, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700 Selling Office: ABI Multifamily.

925 E Fairmount Avenue, Phoenix
$950,000
6 Beds ⋅ 4 Baths ⋅ 6615379 MLS
Are you looking for a lucrative investment property in the heart of Phoenix, AZ? Look no further! An exceptional 4-plex property at 925 E Fairmount Ave conveniently situated near Banner Hospital and boasting numerous upgrades. Property Highlights: Location, Location, Location: Nestled in a highly desirable area of Phoenix, this 4-plex property enjoys close proximity to Banner Hospital, making it a prime spot for potential tenants and a strong rental market. Fully Occupied: All four units are currently fully occupied, ensuring a steady stream of rental income from day one. No need to worry about vacancies or turnover costs! Recent Upgrades:** This property has been thoughtfully maintained and upgraded. Newer air conditioners and a newer roof provide peace of mind and reduce maintenance

925 E Fairmount Avenue, Phoenix

Courtesy of Gerchick Real Estate. 602-688-9279 Selling Office: Realty ONE Group.

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