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About the Listing levr01 - eh179
Exceptional investment opportunity to acquire a well-located four-unit apartment Ideally situated just minutes from Downtown Phoenix, Phoenix Sky Harbor International Airport, and major freeways, this property offers strong rental demand and outstanding value-add potential. The property features four 2-bedroom, 1-bathroom units, providing an attractive unit mix for tenants. Investors will appreciate the significant upside in rental income, with below-market rents offering the opportunity to increase cash flow over time. Recent capital improvements include a roof replaced approximately 6 years ago and two HVAC units replaced approximately 5 years ago, helping to minimize near-term maintenance costs. Each unit is individually metered for electricity, while low City of Phoenix water, sewer, Trash and taxes contribute to an efficient operating expense ratio. All facts and figures are approximate, buyer to verify to their own satisfaction.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Heat Pump,Individual
- Heating: Individual,Electric
- Fireplaces:
- Floor: Tile,Carpet,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: >1 Space Per Unit
Financial Details
- Tax Amount: $1,080
- Taxes w/Assessments: N/A
- Tax/Property ID: 121-14-048
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
3702 E Polk St Phoenix, AZ 85008
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