1721 S 4TH Street Phoenix, AZ 85004

$325,000
1721 S 4TH Street, Phoenix, AZ 85004
Call 1-800-839-1363
5600262

Multi-Family Home for sale in Phoenix, AZ

for $325,000. This home was built in 1944 on a lot size of 6333.

Property Information

  • $325,000
  • Multi-Family
  • Taxes are $660
  • Active
  • Lot size of 6333
  • Built in 1944
  • Phoenix, AZ
  • Central City Neighborhood
  • Maricopa County
  • MLS/Web ID is 5600262

Description

8 apartments and 4 manufactured units on this property. Remodeled with new month to month leases in place. FULLY OCCUPIED - All units are filled and there is waiting list. Tenants are mostly fixed income and faithfully pay on time. Rents are an average of $442/mo with some new leases at $500 mark. Current ownership has not implemented rent increases throughout the complex, yet has prepared the tenants for the inevitable increase .... which will yield increased CAP. Not super beautiful ... just makes money. With current rents/expenses the CAP is solid 16%. PLEASE SCHEDULE APPOINTMENT TO VIEW. Seller has added coin operated laundry facility and soda machine which will convey - neither are calculated in the CAP.

Interior 8

Appliances

  • Refrigerator

Cooling System

  • Refrigeration

Flooring

  • Carpet(s)
  • Ceramic Tile Flooring
  • Vinyl Flooring

Heating System

  • Electric
  • Gas
  • Individual Units

Interior

  • Partial Furniture

Sewer

  • Public Sewer

Utilities

  • Gas

Water Source

  • City Water

Exterior 7

Construction

  • Block

Exterior

  • Painted

Fence

  • Fenced

Parking

  • Free Parking

Road Frontage

  • Dirt Road

Roof

  • Metal
  • Shingle Roof

Siding

  • Stucco Exterior

Rental 1

Landlord Pays

  • Electric
  • Gas
  • Sewer
  • Trash/Garbage Pickup
  • Water

† Excluded Feature

Neighborhood & Schools

School District: Phoenix Union High School District
Elementary School: Lowell Elementary School - Phoenix
Middle School: Lowell Elementary School - Phoenix
High School: South Mountain High School

 See complete school information

Listed By

Broker: MY HOME GROUP REAL ESTATE, LLC

1721 S 4TH Street, Phoenix, AZ, 85004 is a Multi-Family Home for sale at $325,000 with a lot size of 6333. 1721 S 4TH Street was built in 1944. The property's zip code is 85004 which is in Phoenix, AZ

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or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Phoenix $430,247 32 % above $305,000 6 % below
Multi-family listings in Phoenix $521,583 60 % above $275,000 15 % below

Get the facts about Phoenix, AZ!

Population 1,551,461
Population Growth (since 2000) 17 %
Median Income $48,502
Median Age 33.86
Households w/ Children 33 %

Residential Dwellings

  • Owned 324137
  • Vacant 73490
  • Rented 231001

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