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$431,155*
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Multifamily -
Off Market
2024 W CACTUS Road
Phoenix, AZ 85029
Studio
0 Bath
$234,000 - $284,000
Reference Base Price*
66.47%
Since Jul 1, 2019
AZ-Phoenix
Primary Model
About This Property
This 4-plex is part of a 48 unit complex consisting of 12
individually owned 4-plex buildings. All are two bedroom/one bath.
The back units have fenced in patios. Very Large Bedrooms and
living area space. Hard to find slump block construction. 100%
occupied for solid cash flow from day one**Units are under rented
as most tenants have been there a long time -- one has been there
for 25 years**Needs updating inside but the potential is there for
a great income producing property**The average rent for this 4-plex
is $575 while the current going rate for updated units in the
complex is $750 and they rent very quickly at that rate**Feel free
to drive the complex but Do not disturb tenants -- once contract is
in place interior viewing will be arranged**All units are on month
to month leases**
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,575
HOA Dues
-
Year Built
1963
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 19, 2019 | Sold to Perry Ferzoco | $255,000 | |
Sold to Perry Ferzoco | |||
Jun 13, 2019 | No longer available | - | |
No longer available | |||
Jun 7, 2019 | Relisted | $259,000 | |
Relisted | |||
Apr 22, 2019 | No longer available | - | |
No longer available | |||
Apr 19, 2019 | Relisted | $275,000 | |
Relisted |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/16/2018
|
|
Studio
|
-
|
-
|
$275,000
Studio
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|
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-
|
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