🔥 Fourplex in HOT Phoenix 🔥

Maricopa County, Phoenix, AZ, 85029
Sold
Listed at: November 22nd, 2021
Price
$720,000
Sq. Footage
3249
Type
Attached
Parking
Assigned
Year build
1970
Lot size
0 sqft
Bedrooms
8
Bathrooms
6
Half Bathrooms
0
Summary

1722 W. Desert Cove Ave. Phoenix, AZ 85029


Property Overview

Fourplex with potential value add with room to build additional units

  • 8 beds, 6 baths (total)
  • 3,249 sqft (total)


Property Condition

Unit A

  • SFR
  • Plumbing pipes replaced with PEX
  • Hot water pipes- copper
  • Gas Water heater (less than 2 yrs old)


Unit B

  • New Window Unit AC
  • New 18 cu ft refrigerator
  • Plumbing pipes replaced with PEX
  • Hot water pipes- copper
  • Gas Water heater (less than 2 yrs old)


Unit C

  • A/C replaced. Main water lines replaced with PEX
  • Some outlets replaced with GFCI's
  • Windows Replaced
  • New Gas stove


Unit D

  • Main water line replaced
  • Kitchen faucet replaced
  • New gas stove


Rental Summary

Current Total Monthly Rent: $3,170 / month**

Potential Total Monthly Rent: $3,950+ / month


Rental Info


Unit A

  • 4 bed 2 bath
  • 1663 sqft
  • Current Rent: $1050
  • Lease End: month to month
  • Market Rent: $1500

Unit B

  • 1 bed 1 bath
  • 380 sqft
  • Current Rent: $650
  • Lease End: month to month
  • Market Rent: $700

Unit C

  • 2 bed 2 bath
  • 684 sqft
  • Current Rent: $900
  • Lease End: Month to Month
  • Market Rent: $900

Unit D

  • 1 bed 1 bath
  • 522 sqft
  • Current Rent: $570
  • Lease End: month to month
  • Market Rent: $800


Owner pays around $410/mo for water, trash, and C&D's gas


More Photos: https://drive.google.com/drive/folders/16NIJLwJaTFH2ooQ-2Xhw3LQh1dyYfknG?usp=sharing



Asking Price: $720,000

Closing Date: 12-22-21 or sooner


Call or text Holly for more details on this 🌋HOT DEAL!🌋 (210) 861-0922

Click the BUY IT NOW button to lock this one down and avoid bidding wars ⚔️⚔️

DISCLAIMER: This is an assignment of contract. A legally binding purchase & sale contract has been signed giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Genevieve Gorgos

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Disposition manager