NEW! Buy and sell safely with virtual options - Learn More
About the Listing gerc01 - lg056
Investment Potential: This turnkey 4-plex offers a rare combination of over $500,000 in renovations, modern upgrades, minimal maintenance, and strong rental potential in one of Phoenix's most desirable neighborhoods. Perfect for investors seeking consistent cash flow and long-term appreciation. Buyer to verify all facts and figures. see supplemental information A Fully Renovated Investment Opportunity in One of Phoenix's Most Coveted Neighborhoods This meticulously upgraded 4-unit property is nestled in the heart of Arcadia, a prestigious neighborhood known for its lush landscapes, historic charm, and proximity to Camelback Mountain. Arcadia offers a unique blend of suburban tranquility and urban convenience, making it a highly sought-after location for residents and investors alike. Property Highlights: Address: 4821 W Sheridan, Phoenix, AZ Price: $1,595,000 Units: 4 (Fully Renovated) Location: Arcadia - Phoenix's Premier Neighborhood Investment: Over $500,000 in capital improvements Capital Improvements Include: Roof & Exterior: Complete roof replacement with 30-year architectural shingles Synthetic underlayment, flashing, and roof prep for long-term durability Stuccoed and freshly painted exteriors New entry doors and upgraded fencing for added privacy HVAC & Electrical: 4 new Goodman A/C units (3 units at 2 tons, 1 unit at 2.5 tons) Upgraded electrical service including new panels, circuit breakers, and dedicated circuits Landscaping & Outdoor: Removal of trees, old sidewalks, and debris New concrete driveways to 3 units and storage area 5 grass parcels in backyard and front yard River rock surrounding grass, sidewalks, and driveways New fencing and mailbox receptacle enhancing curb appeal Storage & Covered Parking: 4 newly built storage units, finished and painted Upgraded woodwork and painted covered parking Interior Upgrades & Appliances: Modern kitchens with new cabinets, countertops, sinks, and backsplashes Updated bathrooms: new toilets, sinks, cabinets, counters, mirrors, showers, and tubs Leveled floors with new flooring throughout Fresh interior paint and new overhead fans in every room 11 Milgard windows and 3 sliding doors installed Appliances include 4 refrigerators, dishwashers, ranges, microwaves, washer/dryers, and water heaters Neighborhood Features: Outdoor Recreation: Proximity to Camelback Mountain and Arizona Canal Trail for hiking, biking, and outdoor activities Dining & Shopping: Renowned eateries including Chelsea's Kitchen, The Henry, and La Grande Orange Community: Family-friendly with top-rated schools and a strong neighborhood feel Historic Charm: Architectural styles ranging from Spanish Revival to Ranch-style bungalows
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
6989552
Year Built
1957
Total Square Footage
0
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Heat Pump,Individual
- Heating: See Remarks,Heat Pump
- Fireplaces:
- Floor: Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Master Meter,City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others: Sidewalk(s)
- Sewer: Sewer-In & Connected,Public Sewer
- Parking Features: See Remarks,Paved,Free,Assigned,>1 Space Per Unit
Financial Details
- Tax Amount: $1,745
- Taxes w/Assessments: N/A
- Tax/Property ID: 126-17-032
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
4821 E Sheridan St Phoenix, AZ 85008
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
