Listing Courtesy of: Sutton Cebrynski - Marcus & Millichap
602-687-6700
$740,000
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1905 W VILLAGE Drive Unit 1905 Phoenix, AZ 85023
Multi-Family
Residence
Beds
Baths
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Exceptional fourplex in a prime location with zero turnover in over five years. This well-maintained asset features three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Situated within the North I-17 employment corridor, the area boasts over 95,000 jobs within a 5-mile radius of the... property. The roof was replaced in 2020 and comes with a 10-year warranty, while the parking lot was repaved in 2022. Long-term tenants enjoy the large yard & maintain the property, resulting in minimal expenses for the owner. The owner covers water and electricity for security and laundry, while tenants are responsible for their own electric bills. This presents a value-add opportunity with immediate upside potential, as current rents are below market and on a month-to-month basis.
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MLS#
6732203
Property Type
Multi-Family
Year Built
1970
Sewer
Public Sewer
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