2036 W CACTUS RD
PHOENIX, AZ 85029
$679,000
0 Beds
0 Baths
N/A Sq Ft
Status Active
MLS# 6695476
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!
Details for 2036 W CACTUS RD
Built in 1963
4 parking spaces
Central A/C,Individual,Heat Pump,Electric,Ceiling Fan(s)
Individual, Heat Pump, Electric
46 Days on website
0 acres lot