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About the Listing kwif01 - hp065,ds1099
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
7013792
Year Built
1964
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
Neighborhood
Citrus Acres Lots 1 Thru 20
School District
Creighton Elementary District
Elementary School
Monte Vista Elementary School
Middle School
Monte Vista Elementary School
High School
Camelback High School
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Foam
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,Free,Add'l Parking Avail,>1 Space Per Unit
Financial Details
- Tax Amount: $1,654
- Taxes w/Assessments: N/A
- Tax/Property ID: 127-21-008-C
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
2925 N 38th St Phoenix, AZ 85018
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