Want to start building your multi-family commercial real estate property empire?
10 Unit Phoenix Rental Complex – Potential $5,300 Monthly Income
Availability: Open for Offers
Essentials:
Bedrooms: 10
Bathrooms: 10
Type: Multi Family
SqFt: 3,908
Lot Size: 16,390 sf
Year Built: 1950
Car Spaces: 8
Location:
921 & 927 S 35th Ave
Phoenix, AZ 85009
Neighborhood: Tierra Verde
Cross Street(s):
Buckeye Rd & 35th Ave
- 921 S 35th Ave is a 1,440 sf complex
- Tenants of 921 pay their own electric
- 927 S 35th Ave is a 2,468 sf complex
- Electric included for 927 tenants
- Ten total units – 4 studio units and 6 One Bedroom Units
- 7 Current Tenants in Place
- Studio rental rates are $450/mo, One Bedroom rates are $550/mo
- No laundry on site
Complex recently updated in last few years. This property is currently bringing in 3700 a month with 7 units rented. The other 3 units will be rented by the end of the month. Bringing total monthly income to 5,300.