This Recently updated 6-unit property features two buildings, each with 2, 093 sqft. All units are 2-bedroom, 1-bathroom, offering modern living with covered parking and in-unit laundry. The property includes a shared outdoor common area. Recent renovations ensure each unit is updated and move-in ready. Five of the six units are currently occupied, providing immediate rental income. This property is an excellent investment opportunity with modern amenities and a great location for attracting tenants.
Property Features
Bathrooms
Appliances
- F/S Oven/Range
- Microwave
- Washer/Dryer
Heating and Cooling
- Cooling Features: Electric, Ceiling Fan(s)
- Heating Features: Electric
- Heating: Yes
Interior Features
Garage and Parking
- Covered Spaces: 6
- Open Parking Spaces: 6
- Parking Features: 1 Space/Unit, Street Parking
- Parking Total: 12
Land Info
- Lot Size Acres: 0.4039256
- Lot Size Dimensions: 17595
- Lot Size Square Feet: 17595
Exterior and Lot Features
- Road Frontage Type: Alley
- Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
School Information
- Elementary School: Brunson-Lee Elementary School
- Elementary School District: Balsz Elementary District
- High School: Camelback High School
- Middle School: Pat Tillman Middle School
- School District: Phoenix Union High School District
Rental Info
- Gross Income: 100821.6000000
- Gross Scheduled Income: 106128
- Tenant Pays: Electricity, Cable TV
Amenities and Community Features
- Community Features: No Pool
Other Property Info
- Annual Tax Amount: 1806
- Source Listing Status: Active
- County: Maricopa
- Cross Street: 50th & Mcdowell
- Directions: South on 48th st to Brill East, street curves on 50th street
- Tax Year: 2023
- Source Property Type: Multiple Dwellings
- Source Neighborhood: PALOMINO ESTATES
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
- Parcel Number: 125-13-060-A
- Postal Code Plus 4: 5845
- Subdivision: PALOMINO ESTATES
- Township: 1N
- Zoning: M-M
- Source System Name: C2C
Commercial Info
- Net Operating Income: 90115.60000000
- Operating Expense: 1806
Utilities
- Electric: APS, Master Meter
- Sewer: Sewer-In & Connected, Public Sewer
- Water Source: City Franchise, Master Meter
Building and Construction
- Year Built: 1960
- Building Exterior Type: Painted, Block
- Construction Materials: Painted, Block
- Property Age: 64
- Roof: Composition
