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Project Type: Four Plex

Construction: Block

Const - Finish: Painted

Roofing: Composition

Floors: Tile

Sale Includes: Land & Building; Personal Property

Community Features: No Pool

Exterior Amenities: Fenced; Partially Fenced; Cable TV Available; Sidewalk(s)

Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Breakfast Bar

Appliances Included: Free-Standing Gas Oven; Refrigerator; Washer/Dryer

Heating: Heat Pump

Cooling: Ceiling Fan(s); Individual; Central Air

Water Source: Master Meter

Sewer: Sewer - Public

Electric: APS; Individual Meter

Gas: SW Gas; City Gas; Individual Meter

Parking Features: On Street; Paved

Road Access Type: City Street

Road Surface Type: Asphalt

Road Responsibility: City Maintained Road

Owner Pays: Water; Trash Collection; Landscaping

Tenant Pays: Electricity; Gas; Cable TV

Source of Fincl Data: Other (See Remarks)

Lockbox Type: None

Existing 1st Loan: Treat as Free&Clear

Existing 1st Loan Type: Not Applicable

Existing 1st Loan Terms: Not Applicable

Existing 2nd Loan: Treat as Free&Clear

Existing 2nd Loan Type: Not Applicable

Existing 2nd Loan Terms: Not Applicable

Existing 3rd Loan: Treat as Free&Clear

Existing 3rd Loan Type: Not Applicable

Existing 3rd Loan Terms: Not Applicable

Existing Othr Ln Trm: Not Applicable

New Financing: Cash; Conventional; 1031 Exchange

Environmental: None

Located in the Garfield Historic District, one of the most desirable and rapidly evolving areas near Downtown Phoenix, this well-maintained 4-plex offers strong cash flow and long-term appreciation potential. Property Highlights: 4 total units (2) One-Bedroom / One-Bath units (2) Studio units Central air conditioning in all units Gas ranges Full-size stackable washer/dryers in each unit Electric and gas sub-metered (tenants pay utilities) Renovated and maintained over the years Investment Highlights: Strong potential rental-yield (7%) Located minutes from downtown employment, hospitals, universities, and entertainment High demand rental market in central Phoenix Comparable duplexes and four-plexes in the area selling over $800K Nearby redevelopment and vacant land listings exceeding $1M Value-Add Potential Opportunity to increase rents over time in a rapidly appreciating neighborhood Potential to further enhance units for additional upside Desirable location for long-term rental demand Location: Situated in the vibrant Garfield neighborhood, known for its historic charm, arts community, and proximity to downtown Phoenix, the property benefits from continued urban revitalization and strong tenant demand.  Ideal for investors seeking cash flow + appreciation potential in one of Phoenix's most dynamic central neighborhoods.