Central Phoenix (Historic District), 4Plex ,$299,000 USD.
It’s a deal because it will cash flow $10,000 USD per year based on a 65 percent LTV mortgage.
Completely refreshed 4plex in beautiful condition, including updated plumbing and electrical, always rented. (2 duplexes on 1 parcel) Great location in historic district. Solid newer block construction, all 4 water heaters new. Roof and AC units are in great condition and regularly serviced, ceramic tile everywhere, desert landscaping, new paint. Fully rented with a waiting list. 7.5 Cap.
Real Estate Outlook 2017 Conference on September 24.
24th year […]