Courtesy of: Tyler Nick, McMath Realty LLC, tyler@mcmathrealty.com
Courtesy of: Tyler Nick, McMath Realty LLC, tyler@mcmathrealty.com
$679,000
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Other
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$679,000
2036 W CACTUS Road A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. 3 of the units have been extensively remodeled with new flooring, new kitchen cabinets, counters and appliances, new vanities, tubs and toilets, popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owned 4 plex buildings. Units C and D have private fenced yards. Roof was new in 2018. Unit A - new A/C in 2023. Unit D - new A/C in 2021. Unit C - new A/C in 2020. 100% occupied at below market rates. Market rents indicate a $1250-$1350 per month rate is possible, making the CAP rate a terrific 7%+. Community laundry. NO HOA!
Courtesy of: Tyler Nick, McMath Realty LLC, tyler@mcmathrealty.com
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