Fantastic investment opportunity! This well-maintained single-story fourplex features two 2-bedroom, 1-bath units renting for $1,950/month each and two 1-bedroom, 1-bath units renting for $1,650/month each. Several units have been updated, while others offer value-add potential for increased rental income. This property is a true cash-flow opportunity with strong current returns. The adjacent lot is also available for purchase, creating a rare package deal. The neighboring parcel is zoned C-2, offering excellent potential for future commercial development or expansion (buyer to verify zoning and permitted uses). Dont miss this outstanding investment!
Listed By
Agency Name: My Home Group Real Estate
Agency Phone: 480-685-2760
Shown By
Agent Name: David Mawyer, MBA
Agent Phone: (480) 650-6410
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 1,722.76 per month $1,335.34 Principal & Interest $212.42 Property Tax $175.00 Homeowner's Insurance
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2014 E Broadway Road | MLS# 7050961
This multi-family property located at 2014 E Broadway Road, Phoenix, AZ 85040 is currently listed for sale with an asking price of $600,000. E Broadway Road is located within the Phoenix Union High School District school district. Search Phoenix real estate on mawyer.arizonabest.com today.