This was one of my favorite properties to sell. It was clean, well maintained, well managed and it has great tenants. On top of that the area is very central and quickly gentrifying.
Here is the description.
This is one of them. It has all the characteristics of a property you would want to own as an investment. Or one where you occupy one unit and rent out the remaining two units. Three units: Two 2 bedroom units and One 1 bedroom units. Each has a private yard in the back which makes it very popular with tenants. Recent improvements include a new roof (2012) and 2 new A/C units (2012). It’s near ASU and the business districts in Midtown and Downtown Phoenix. Highly walkable with lots of popular local restaurants near-by.
It was listed for $239,000 and sold for $243,600 in 6 days.
The property was built in the late 1960’s with Two 2 bedroom and one bath units and One 1 bedroom unit. Each with a private yard and off street parking. It has many characteristics that make it a very good buy for the new owner.
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