Herron / Korn and Company
Herron / Korn and Company
Isabel Herron, Herron / Korn and CompanyPhone: (480) 342-8388
Email: [email protected]
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listing
1 of 33
MultifamilyFor Sale
$1,980,000
1313 E Carol Avenue
Phoenix, AZ 85020
Listed by: West Usa Realty, (602) 390-8088
MLS: Arizona Regional MLS
Est. Mortgage
$10,320/mo

Here is your opportunity to own three single level triplexes in a row. Each is on a separate parcel giving you the opportunity to utilize either conventional financing or commercial lending. This well-maintained property backs to desert area and a park. Great mountain views in all directions. Grassy areas outside the front doors of all the buildings is inviting and beautiful. All units are Spacious 2 bedrooms, 1 bath with 880 square feet of living space. Buildings have separate storage rooms for each tenant. Kitchens have dining area and sliding door to back patio. There are two coin-op laundry rooms. Complex is 100% occupied and is easy to manage. Self-manage this one and get an immediate cap rate of 5.5%. Increase rents and bring it up to a 6.2% cap rate. Drive by only.

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Information courtesy of West Usa Realty is subject to verification and is not guaranteed.
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