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10 Unit Apartment Complex in Central Phoenix
Rehab in progress!
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4042 S 17th
$700,000
  Phoenix, 85040
  Cross Streets: 16th St & Broadway
  10 units on ~1 acre parcel   New AC Units  
  Room to build more units   $7,250 Monthly - $87k Annual  
  4 - 2/1's - 6 1/1's    
  Individually Metered electric    
MLS #:
PROPERTY ADDRESS: 4042 S 17TH ST, PHOENIX, AZ 85040 ASK PRICE: $700,000 fully rehabbed or $620k as is REHAB IN PROGRESS 10 total units on ~1 acre parcel with room to build a few more. Market rents & unit mix: $ 825/mo unit # 1 2/1 $ 825/mo unit # 2 2/1 $ 625/mo unit # 3 1/1 $ 625/mo unit # 4 1/1 $ 825/mo unit $ 5 2/1 $ 625/mo unit # 6 1/1 $ 625/mo unit # 7 1/1 $ 625/mo unit # 8 1/1 $ 625/mo unit # 9 1/1 $1,025/mo unit #10 2/1 (larger, standalone SFR will be charged more) $7,250/MO TOTAL REVENUE x12= $87,000/year
For more info contact:
Brandon Torraco
HomeSmart
8388 E Hartford Dr #100
Scottsdale, AZ 85255
602-318-9994