6 unit in North Phoenix-almost 100K in renovations
8816 N 6th Place
Phoenix, AZ 85020
FOR SALE
Property Type:
MultiFamily ApartmentsAmount:
$575,000
Cap Rate:
7.25%Last Verified:
Jul 10, 2022
• Over 100K in upgrades
• 6 Units w/ Tenants paying High Rents
• Master Metered
• Ceramic Tile or Laminate Flooring
• Modern Exterior Paint
• Air Conditioned Units
• Modern Cabinetry
• Additional Income from Laundry Room
• Easy Maintenance Landscaping
Look at the HIGH Rent Roll. FULLY occupied - Property Manager says it practically runs itself. There are 6 units collecting rent with laundry room income in place. In 85020 the prices are climbing, with a great rental market. This is a non-conforming property. Easy to insure. Newer roof, master metered, and easy to maintain landscaping. See the Doc tab for current financials and rent roll along with much more. This is a drive by only property but feel free to walk the property. Buyer to verify all facts and figures.