James Stephens

Phoenix AZ Residential Income for Sale

Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.

Phoenix AZ Residential Income for Sale

This pristine seven unit complex is located in the coveted 85016 zip code on a quiet, dead-end street. 7.68 CAP on actual numbers. High-quality new construction across the street. This pocket is arguably one of the nicest you will find in Phoenix. In close proximity to the Biltmore Corridor, Arcadia Lite, PHX Children's Hospital & PHX Country Club. Premium rental market. Stabilized 7.68 CAP with 100% occupancy (master leased to 9/30/2027)-hard to match this! Completely renovated a few years ago from top-to-bottom. Upgrades include, but are not limited to, plumbing/electrical/HVACs/roofs/windows/carpentry/landscaping & more. All 1 bedroom units (507 sf +/-) over three single-story buildings. 11,382 sf lot. R-3 zoning. 1954 build. T-12 in documents.

Phoenix AZ Residential Income for Sale

North Phoenix/Sunnyslope 6 unit complex with attractive Seller Financing. Near Sunnyslope School, east of Central Ave, and not far from North Mountain, OHSO Brewery, & Sushi Friend. Over $216K in upgrades since 2022. 100% occupied. 7 CAP with $10,104 gross rents/month. Hard to beat seller financing offered with 25% down at 5.5% i/o. Jumbo 13,500 sf lot with R-3 zoning. Private driveway with large rear parking lot. Well-operated complex. Three separate buildings. Please do not disturb the tenants. P&L and Rent Roll available upon request.

Phoenix AZ Residential Income for Sale

1629 & 1625 West Fillmore Street (twin 4's) are to be sold together. Fully renovated. Rents vary, but average just over $1000/unit. The sale includes two 4's on separate lots with a shared courtyard (two residential loans work). 1625 was down to the studs upgraded a few years ago & 1629 was extensively renovated as well. Builder/owner quality work. About 1 mile from Roosevelt Row (the highest rent/sf in the Valley) & Downtown Phoenix. Just a few blocks to the thriving Grand Ave Retail District. All good-sized 1 bedroom units (544 sf) with excellent layouts. Amenities include private fenced patios, BBQ area with pergola, & covered parking. Great curb appeal with gorgeous landscaping. Needs an operational/management value-add.

Phoenix AZ Residential Income for Sale

1625 & 1629 West Fillmore Street (twin 4's) are to be sold together. Fully renovated. Rents vary, but average just over $1000/unit. The sale includes two 4's on separate lots with a shared courtyard (two residential loans work). 1625 was down to the studs upgraded a few years ago & 1629 was extensively renovated as well. Builder/owner quality work. About 1 mile from Roosevelt Row (the highest rent/sf in the Valley) & Downtown Phoenix. Just a few blocks to the thriving Grand Ave Retail District. All good-sized 1 bedroom units (544 sf) with excellent layouts. Amenities include private fenced patios, BBQ area with pergola, & covered parking. Great curb appeal with gorgeous landscaping. Needs an operational/management value-add.

Phoenix AZ Residential Income for Sale

1629 & 1625 West Fillmore Street (twin 4's) are to be sold together. Fully renovated. Rents vary, but average just over $1000/unit. The sale includes two 4's on separate lots with a shared courtyard (two residential loans work). 1625 was down to the studs upgraded a few years ago & 1629 was extensively renovated as well. Builder/owner quality work. About 1 mile from Roosevelt Row (the highest rent/sf in the Valley) & Downtown Phoenix. Just a few blocks to the thriving Grand Ave Retail District. All good-sized 1 bedroom units (544 sf) with excellent layouts. Amenities include private fenced patios, BBQ area with pergola, & covered parking. Great curb appeal with gorgeous landscaping. Needs an operational/management value-add.

Phoenix AZ Residential Income for Sale

Polished 5 unit with all good-sized 1 bedroom units. Prime location in the heart of Phoenix. Only 3 Blocks to the Biltmore Corridor edge. 1.7 miles to Uptown Plaza. 2 miles to Biltmore Fashion Park. 2.2 miles to PCH. Blocks to the ''7's'', the 51 & LRT.All newer electrical, plumbing, HVACs & roofs. The units have upgraded interiors as well, including a washer/dryer combo, quartz countertops, white shaker cabinets, & many more amenities.High concentration of professional jobs within 3 miles. As centrally located in the valley as you can get. Excellent rental market for 1 bed units. 6 CAP based on actual/proforma. Owner expenses may vary. 5 Units all bigger 1BR/1BA (565 SF Ave)2,824 SF total Interior SF. 12,305 SF Lot.Built 1961/1975. R-3,

Phoenix AZ Residential Income for Sale

Closed for $2,000,000 or $293/SF or $181,818/unit on 6/30/2021. Buyers obtained four residential loans as this is a four building/lot sale. Location, location, location! In the Roosevelt District across from Margaret T. Hance Park. This offering includes 11 units over 4 buildings. Rents well-below market. Value-Add opportunity in one of the hottest areas in Phoenix, a true ''A'' location. Buyer to complete/rely on own due diligence. Some expenses estimated. Do not bother tenants. Unique opportunity in a top location.

Phoenix AZ Residential Income for Sale

Down to the studs total replacement in 2014-2015. Virtually everything was replaced! Separately metered electric & one water meter. 100% Vacant-Rare Buyer Flexibility! Top-Notch Midtown Phoenix location just off 7th Ave, across from a major new development with a Sprouts. Desirable unit mix w/ deluxe 2 bed/2 bath; big 2 bed/1 bath; & large sized 1 bed/1 bath. All units have washer/dryers & full kitchens w/ dishwashers! Built in 1955 on a big 9799 SF lot. R-4 zoning, ample surface parking. Local, long time owner that has self-managed. This has all the bells & whistles! Units have private, block wall rear yards & look over an attractive courtyard. Rare flexibility for short or long-term rental. Buyer to complete/rely on own due diligence. OM attached pro forma only. Showings by appointment.

Phoenix AZ Residential Income for Sale

Sought after Palomino Estates 4 unit in the highly appreciating 85008 zip code. This area is close to S. Scottsdale, Arcadia, Papago, Tempe, the 202/143, and much more. Desirable unit mix of all large 2 bedroom/1 bath units. Two separate duplex buildings. Allunits are 833 SF. 6 CAP +/- with 8 CAP potential! Many recent upgrades including all new HVAC units this year, newer roofs, & more. Theunits rent for $1000+/-, but could be raised based on the submarket price/SF rental rate. Separate electric that is tenant paid. Owner paid w/s/t. All month-to-month leases. 100%occupied. Do not bother the tenants. Buyer to complete/rely on own due diligence. Highly competitive price for this area/4 unit. Cleaner the offer, the better chance it has for acceptance.

Phoenix AZ Home for Sale

Nicely remodeled home that is priced to sell. Close to a park, this area has recognized substantial appreciation recently. South Phoenix and the 85040 zip code are sought after! Upgraded in all in the right places, this is a low maintenance home that could be an excellent starter for an owner-occupant or investor. Buyer to complete and rely on own due diligence. SPDS-CLUE to be waived by buyer. Property sold as-is. See private remarks.

Phoenix AZ Residential Income for Sale

Heart of Central Phoenix Triplex with all 2 bedroom units. Built in 1984, this has all 739 SF +/- units. Solid neighborhood near GCU & LRT that has recognized rapid appreciation. 2 of the 3 units are vacant, with the 3rd unit on a month-to-month lease at $700. Long-term, local owners that have self-managed. Units have separate HVAC split systems with tenants paying own electric. Property needs cosmetic upgrades, but offers many amenities in a a high rental demand area. 2 units on main level, 3rd unit on 2nd floor. Ample paved surface parking. Abandoned alley offers options. 1st floor units have private patios. Laundry room w/ washer/dryer. Showings in escrow, please do not bother the tenants. Pro forma rents $1000+/unit. Buyer to complete/rely on own due diligence.

Mesa AZ Residential Income for Sale

Sold for $485,000 with a $15,000 credit to buyer at closing. Cash/hard $ buyer. Value-add. Unit mix consists of three large 2 bedroom/1 bath units (800 SF-$800 Rent +/-), along with a big Studio/1 bath unit (400 SF-$400 Rent +/-). Tenant paid electric with separate HVAC units in good condition (all 2 bedroom units). Studio unit has wall heating/cooling. All tenant leases either month-to-month or coming up for renewal by the fall. Rents are well-below market. Tile everywhere, w/d hookups. Carport. Close to Main St/LRT. Showings in escrow only. Buyer to complete and rely on own due diligence. OM & RR available upon request.

Phoenix AZ Residential Income for Sale

Sold! $698,000 to a 1031/cash buyer on 7/15/2021. 4 unit in the sought after Oakland Historic District near State of AZ government buildings in heart of Downtown Phoenix. Cosmetically upgraded & stabilized. 6 CAP +/- with close to $5,000/month of rental/additional income! 100% occupied, excellent tenants. Well-managed/operated by local owner. Perfect handoff to new owner. Two duplex buildings on a 8700 SF lot. Front building is 1227 SF (two 1/1's @ 614 SF), built in 1958. Rear building is 1431 SF (one 1/1 @ 614 SF w/ 2/1 @ 817 SF), built in 1962. Upgraded in all of the right places. Tenant paid electric. Owner paid w/s/t. Rents, w/s, yard #'s actual. Other expenses approximate.

Phoenix AZ Residential Income for Sale

Sold for $485,000 with $5,000 credit to buyer at closing. $161,666/unit & $225/SF. All 2 bedroom triplex in North Central Phoenix on a nice residential block. Huge 15660 SF irrigated lot that is fully fenced, private, shaded, and quiet. All units have the same layout (718+ SF/unit) with tile floors, washer/dryer, and large storage rooms. Private patio areas just need some fencing. Firig/stove included. One unit recently remodeled, and the other two units need light value-add. Flexibility with tenants. Potential rents could be $1100-$1200/unit with an aggressive approach. These units/property offer much more than the typical apartment. Highly appreciating area south of Northern & north of Orangewood on a block where the adjoining properties are well-taken care of with no commercial nearby.

Glendale AZ Residential Income for Sale

9 house+lot package. Short-term, interest-only Seller Financing. The assemblage includes: (1) 7402 N. 62nd: 5 houses on a 14,636 SF combined lot. 621 SF +/- per house. Built 1945. Across the street is (2) 7405 N. 62nd: 3 houses + lot on a 14,636 combined lot. 696 SF +/- per house. Built 1950. (3) 7327 N. 62nd: 768 SF house, built in 1950, on a 8115 SF lot. (665 SF +/- overall/building). Rare ability to control almost an entire block in Downtown Glendale. Buyer to complete/rely on own due diligenge.

Glendale AZ Residential Income for Sale

3 casita triplex on a nice residential block in Downtown Glendale. Slump block early 1970's construction with 784 SF front house, 592 SF middle house, and 462 SF rear house off alley. Side driveway. Each house is separately metered for water/sewer, electric, and gas. Cash or hard money investors preferred as these houses need upgrading throughout. Excellent potential. Buyer to complete/rely on own due diligence, waive SPDS/CLUE.

Mesa AZ Residential Income for Sale

⮚ Nicely gentrifying Mesa area near Downtown. All 2 bedroom unit building has a lot to offer & is nicely polished.*Excellent Rents $1100/$1100/$945/$900-long-term'er.⮚ Significantly upgraded! All new/newer HVAC units. Roof is about 3 yrs old. Exterior upgrades. All units have upgrades incl. kitchens/baths, more.⮚ Fantastic curb appeal with nice touches that make this stand out from the competition. Off-street parking. Separate electric tenant paid. W/S/T owner paid.⮚ Professionally managed. Coin operated laundry (seller owned). Plug & play!⮚ 5.6 CAP but 6+ proforma. Major big ticket upgrades allow the buyer to save big with cap ex in future. Buyer to complete/rely on own due diligence. OM attached (some expenses estimated).

Glendale AZ Residential Income for Sale

Jumbo sized 4 unit with two large 2 bedroom units (952 SF +/-) and two 1 bedroom units (615 SF +/-). Cash or no financing contingency offers at full price or above only will be considered. Hard to find a 4 unit at this price with such great potential, especially right now. Many cosmetic updates, units are in good condition. Wood-post beamed lofted ceilings are gorgeous and make the units feel even bigger. Rents are well below market. Large .272 acre lot. Next to Downtown Glendale in an attractive pocket with owner-occupied properties on the same block. Long-term, local owner that has self-managed. M-T-M leases. Showings in escrow only. Do not disturb the tenants. Buyer to complete and rely on own due diligence.

Phoenix AZ Residential Income for Sale

Significantly upgraded triplex with all 2 bedroom ''townhouse-style'' units with lofted ceilings. Strongly appreciating pocket in the 85020 zip code that appeals to renters. Long-term, local owners that have self-managed. Units offer many amenities; including stacked washer/dryers, private patios, upgraded cosmetics in the unit, two parking spaces...and more. These units have so much more to offer than the cookie cutter 650 SF 2 bedroom. Could be an ideal short-term rental play over time as well. Showings in escrow. Do not bother the tenants. Pro forma shows close to a 7 CAP with rents at $980/unit. Current rents are below market now ($850, $850, $700-long-term tenant). Buyer to complete and rely on own due diligence.

Phoenix AZ Residential Income for Sale

Bargain Duplex Deal East of Downtown near Hwy 51. Two identical 2 bedroom units that are 480 SF each. Rents are $725 & $700. Cash or no financing contingency offers at full price or better will be considered only. Some recent cosmetic upgrades, Please do not bother the tenants, showings in escrow. Buyer to complete & rely on own due diligence.

Phoenix AZ Residential Income for Sale

Sold! 12/30/2020, see private remarks. In the Palmcroft neighborhood on the edge of Encanto, Near LRT. Desirable all 2 bedroom mix (677 SF/unit). Upgrades in last five years include tile flooring, kitchen cabinets, kitchen countertops, copper plumbing, glass block. 3 Evap/1HVAC. Rents are: Unit 1-$950 m-t-m, 2-$950 m-t-m, 3-$975 1 yr term, 4-$1025 1 yr term. Partially fenced courtyard area & 1 parking spot/unit. Long-term local owner that has self-managed. Unit showings in escrow. Do not bother tenants. Expenses within are in part estimated. Buyer to complete & rely on own due diligence.

Mesa AZ Residential Income for Sale

NE Mesa 4 unit in Loma Vista. Substantially upgraded with all 2 bedroom units. In escrow, but back-up offers well above listing price may be considered. Do not bother tenants, showings in escrow only. Buyer to complete and rely on own due diligence. See private remarks.

Phoenix AZ Residential Income for Sale

Budget priced duplex that has been in the same family for many years. Cash buyers only as property needs a new roof, other significant upgrades. Both units are 2 bed/1 bath with 715 SF. Rents are below market on month-to-month leases. One AC unit is new, the other has a new compressor. Unit showings in escrow, please do not disturb tenants. Buyer to complete and rely on own due diligence. Please note cash buyers only, no financing contingencies.

Phoenix AZ Home for Sale

2 homes on this property; great location. BY APPOINTMENT ONLY. Great investor opportunity. Built 1914. Buyer to confirm all specs and all property-related info. Seller has never occupied property; sold ''as-is''. A Sellers Property Disclosure Statement (''SPDS'') shall be provided.

Phoenix AZ Residential Income for Sale

3 Homes for the price of one on approx. 1/2 acre lot great cash flow! 3 UNITS, MAIN HOUSE 3BED 1BA, 2 GUESS UNITS 2BED 1BA, LOTS OF FRUIT TREES, SPACE FOR MORE TO BUILD. Drive Only!Not a foreclosure property.

Cottonwood AZ Residential Income for Sale

Rare Cottonwood fourplex for sale with large all 2 bedroom unit mix. Value-add opportunity w/ 8 CAP potential. Extremely high tenant demand. A few minutes from Old Town Cottonwood & numerous wineries. Very high population growth location that is gentrifying. Perfect opportunity to cosmetically upgrade/reposition. Could be a very lucrative STR or long-term rental in an very low-supply area. Ample parking. Huge yard. Showings in escrow only-100% occupied. Do not bother tenants. Same owners since the 1980's! 3rd party managed/well-maintained. Well-below market rents ($985, $950, $805, $805). Built in 1976 on a huge 16000 SF lot. All HVAC units, a few newer.Less than 30 min to Sedona & Jerome, 60 min to FLG & Prescott. Income/expenses est. Buyer to complete/rely on own due diligence.

Mesa AZ Residential Income for Sale

Well maintained 4-plex property in the desirable Four Peaks Estates. This property consists of all spacious 2 bed/2 bath units. Shared coin-op laundry for additional income. Great potential for increasing rents over time. All units are occupied. Pictures are from before tenant occupancy. Do not disturb tenants.

Mesa AZ Residential Income for Sale

Well maintained 4-plex property in the desirable Four Peaks Estates. Property units consist of three 2-bed/1-bath units and one 2-bed/2 bath unit that has it's own fenced yard. Shared coin-op laundry for additional income. Great potential for increasing rents over time. All units are occupied. Pictures are from before tenant occupancy. Do not disturb tenants.

Glendale AZ Residential Income for Sale

Nothing like this on the market at this price point! Well-maintained with many upgrades for this 1973 classic 4 unit in a nice pocket of Glendale. Sought after all two bedroom mix with 729 SF units (average size). Long-term owner that has self-managed with pride of ownership evident. All separate electric that is tenant paid with HVAC units (a few units are newer). Two of four units were cosmetically remodeled recently with the other units in good condition. Rents are well-below market with all month-to- month leases. Market rents could be $1100/unit. Current average rents $660/$660/$700/$750. Large 8494 SF lot. Amenities galore allow for a very high rental ceiling. Covered carport parking, on-site coin operated laundry/room, separate storage units.

Scottsdale AZ Residential Income for Sale

Sold 4/21/22 for $3,420,000 with Seller Financing. $285/unit and $427/sf. S. Scottsdale 12 unit package sale next to SkySong! Rare opportunity to acquire three identical four unit buildings that arecontiguous. 7238, 7240, and 7302 E. Belleview St (all 4 unit buildings) consist of 2668 SF/bldg (8004 total SF). Unit mix includes three large 1 bedroom units (625 /-SF) w/ a 2 bedroom unit (800 /- SF). R-5 MF zoning. 7020 SF lots (21060 total). Near the SkySong development .Just east of Scottsdale Rd/south of McDowell Rd near Old Town and ASU. Proforma rents 1's @ $1500/unit and 2's @ $2000/unit (in current condition). All copper plumbing & electric per seller. Value-add. All m-t-m leases with current actual rents averaging $925/unit. Waived financing offers preferred.

Phoenix AZ Home for Sale

Arcadia Lite 4 unit in the hot 85018 zip code. Offered with 3513 N. Paiute Way as a package, though available individually as well. Charming buildings with gables. 1959 build. 11917 SF lot. Gorgeous desert landscaping with a backyard oasis. One building has three 600 SF 1 bedroom units over 1800 SF and the other building has a 900 SF +/- 2 bedroom solo unit. 2700 total sq ft +/-.Long-term owner. Clear pride of ownership property that has been well-maintained. All of the units have had upgrades over the last several years. Laundry room/storage. Large carport. 1 br's have wall a/c's, while 2 br has an HVAC. Rents are $1529 (2 br),$1250, $1425, and $1325. All leases expire in Q1 2023. Strong STRrental potential. Truly an immaculate property. Showings in escrow, do not disturb the tenant

Scottsdale AZ Home for Sale

Attractive 4 unit tucked away on a quiet cul-de-sac in the Taloa Park subdivision of Scottdale. A+ location next to Old Town. Quieter/lower density area compared to Holiday Park. Part of a package sale including 3540 E. Montecito ($1,440,000). Package sale price is $3,000,000/8 units. Buy one or both. STR potential off the charts! Desirable all 2 bedroom unit mix. Rents are $1529/$1250/$1425/$1324; below market. Leases to early 2023. Long-term owner. Clear pride of ownership. Value-add opportunity. Two buildings (1672 SF/1600 SF +/-). Front units are 836 SF, rear units just under 800 SF (+/-). Private patios, storage, laundry room, fenced yard. Next to a parking lot owned by a nearby church. Newer HVAC units (4). Parking/carport. Gorgeous desert landscaping with a pretty interior area.

Phoenix AZ Home for Sale

Remodeled from top-to-bottom. Vacant, allowing complete buyer flexibility. Front house 3 bed/2 baths over 1200 sf. Back house is 2 bed/1 bath over 620 sf +/-. Front house has a huge open great room to dinette/kitchen. Fully loaded appliance packages, including dishwashers, & separate washer/dryer areas. Front house has a big HVAC unit, back house split system. Huge almost 13000 SF lot that is fully fenced. Big driveway with fenced entry. Bonus 280 SF metal storage shed that offers many possibilities. The immediate area is going through a major gentrification with a new condo project that is close to sold out, and numerous revitalizations of existing nearby buildings. Walking distance to a LRT station, under 2 miles to Grand Canyon University, and about 1.5 miles to Uptown Plaza.

Phoenix AZ Home for Sale

Remodeled from top-to-bottom. Vacant. Total investor flexibility. These units will be in high demand whether put in use as a long-term or short-term rental. Front house is a 3 bed/2 bath; Back house a 2 bed/1 bath. Fully loaded appliance packages with a dishwasher and washer/dryer. Front house has HVAC unit, back house split system. Huge almost 13000 SF lot that is fully fenced. Nice privacy. Big driveway with fenced entry. Bonus 280 SF metal storage shed that offers many possibilities. The immediate area is going through a major gentrification with a new condo project that is close to sold out, and numerous significant revitalizations of existing buildings nearby. Walking distance to a LRT station, under 2 miles to Grand Canyon University, and about 1.5 miles to Uptown Plaza.

Mesa AZ Residential Income for Sale

Excellent North Mesa location. Great, long-term tenants in place, but potential value add, and there is room for immediate improvement in the rents. All 2 bed/1 bath units with tile flooring throughout. Landscaping maintained by the HOA. Tenants pay their own electric. Please do not disturb the tenants.

Phoenix AZ Home for Sale

East Phoenix value-add 4 unit in the highly gentrifying 85006 zip code. Sought after unit mix with three 2 bedroom units and one 3 bedroom unit. Offered with 2230 E. Garfield (triplex, all 2 bedroom units @ $600,000) as a package ($1,320,000/7 units). Buy one or both. Package offers favored as are offers that waive the financing contingency. All three 2 bedroom units are 600 sf +/- with rents of $850, $538, $458 (m-t-m & 7/1 lease exp). The 3 bedroom unit is 700 sf +/- with $950 rent (lease exp 6/1). Very low rents. All separate electric with HVAC units. Though this property is in decent condition overall, it offers lots of upside with low rents/big units. Showings in escrow only. Buyer to complete/rely on own due diligence. OM available upon email request.

Phoenix AZ Home for Sale

East Phoenix locale in sought after 85006 zip. Smartly upgraded triplex with desirable all big 2 bedroom unit mix. Offered as a package with 2237 E. Taylor (4 units/$720,000) for $1,320,000/7 units. Buy one or both. Buyers that can purchase both and waive the financing contingency are favored. Front house (2230 E Garfield) is 826 sf with $1175 rent. The duplex at 903-05 N. 22nd St is 1554 sf with 777 sf/unit and $950/$925 rents. Strong rents for these polished units, but room to raise rents as this property has lots of upside. Leases run run to early 2023. All units have separate electric with HVAC units. Corner lot. Several nearby properties have been significantly upgraded as this pocket is in full gentrification mode. Buyer to complete/rely on own due diligence. Showings in escrow only

Phoenix AZ Home for Sale

Nice single family with attached guesthouse on an attractive block just west of the I-17 with many owner-occupied neighbors. Just rented for $1795/month with a 1 year lease. Calling all investors! This Flemish brick house was sandblasted, and offers newer unique windows. Curb appeal. The house includes a 2 bedroom/1 bath front portion with a separate attached studio with bath/kit/own entrance. Bonus attached separate laundry/storage room. Just under 1500 sf total. Clean garage with power as well. Property offers newer copper plumbing/sewer lateral; newer Low-E windows/treatments; HVAC unit; 10 yr roof; some newer electrical; plaster walls; newer carpet; and just painted. Several possible uses of the space. R1-6 city zoned.

Cottonwood AZ Home for Sale

Jumbo 4plex in booming Cottonwood. Built in 1987. 3 BR/1.5 BA lower units;3 BR/2BA upper units. 1063 sf/unit. Generous 10,853 SF. All units have a garage + carport for 2 units. Courtyard. Great views of mountains. Rents are currently $1,074/$1,275/$1,035/$1,195 (Very low!) $4579 gross or $54,948/year projected. All leases are month-to-month or expire soon. ALL NEW STUCCO EXTERIOR & REPAINT at a cost of $42,000+. Value-add. Cottonwood rental demand is off the charts! Only $188/sf in one of the hottest rental markets in AZ! Compare this to the much higher prices/sf in the Valley! Rents should be much higher, especially with some cosmetic upgrades. Just 30 minutes to Sedona or Prescott! Corner lot. Buyer to complete/rely on own due diligence.

Tempe AZ Home for Sale

Nice Townhome in the heart of Tempe with 3 bedrooms/2 bathrooms. In the Oaks II HOA, a clean/well-maintained community just a few miles from ASU. $187/month dues for the HOA. Operating as a rental, the current rent is low at $1628.80 with a month-to-month lease in place. Well-maintained property with cosmetic upgrades in the last few years. Community pool. Appliances included. W/D hookups. Note this is part of a package (including 2604 E. Lemon-also $305,000). Available together as a package or sold individually. Could work well for an investor or owner-occupant. Rent could be increased significantly. Offered at $259/sf, highly competitive for Tempe. Very similar unit just closed for $320,000. Buyer to complete/rely on own due diligence.

Tempe AZ Home for Sale

Nice Townhome in the heart of Tempe with 3 bedrooms/2 bathrooms. In the Oaks II HOA, a clean/well-maintained community just a few miles from ASU. $187/month dues for the HOA. Operating as a rental, the current rent is $1700/month with a lease expiring at the end of September. Value-add property. Community pool. Appliances included. W/D hookups. Note this is part of a package (including 2641 E. Orange-also $305,000). Available together as a package or sold individually. Could work well for an investor or owner-occupant. Rent could be increased significantly. Offered at $269/sf, highly competitive for Tempe. Very similar unit just closed for $320,000. Buyer to complete/rely on own due diligence.

Duncan AZ Home for Sale

Cash flowing mobile home park near one of the largest copper mines in the world (Morenci mine). Seller financing available. Sale includes just under an acre lot with seven seller-owned trailers. All 3 bed/2 baths. Two double-wides (1200 sf +/-) and five single-wides (800 sf +/-). 3.5 hours from Phoenix in Duncan AZ, just past Safford. York Estates MHP has had many upgrades. Typically full occupancy. Very high rental demand, room to raise rents. Three septics. Operating around a 10 CAP now, this is a low maintenance operation. Sellers have a local maintenance person for assistance. Addresses are: 24 Shady Lane Duncan, AZ 85534; 40 Shady Lane ; 72 Shady Lane ; 88 Shady Lane ; 104 Shady Lane ; 120 Shady Lane; and 136 Shady Lane. Sold as-is, where-is. See attached rent roll/expenses.

Tempe AZ Home for Sale

Best buy near ASU! Several recent upgrades for this value-add opportunity. Seller Financing considered at 7% interest, up to a 30 year term w/ $265K down. Sale includes two parcels APN 132-66-088 1817 E Randall APN 132-66-089 1815 E Randall. This complex is not typical, lots of upside. Unit 1-Studio/1 BA 529 SF-Rent $1200 (just upgraded with SS appl). Unit 2 -3+BR/2BA 1,044 SF-Rent $2,000 (upgrading in this unit). Unit 3 -1+BR/1BA 1,096 SF-Rent $1,300 (Kitchen/Bath/Living main level 696 SF w/ 2 BR sub-level 400 SF). Unit 4 -1BR/1BA 768 SF -Rent $1,000 (long-term tenant, will need upgrading). All month-to-month leases! New Roof. Utilities are mastered/seller paid with two HVAC units & wall units to supplement.Showings in escrow-please do not bother the tenants. Offers considered

Duncan AZ Residential Income for Sale

Cash flowing mobile home park near one of the largest copper mines in the world (Morenci mine). Seller financing available. Sale includes just under an acre lot with seven seller-owned trailers. All 3 bed/2 baths. Two double-wides (1200 sf +/-) and five single-wides (800 sf +/-). 3.5 hours from Phoenix in Duncan AZ, just past Safford. York Estates MHP has had many upgrades. Typically full occupancy. Very high rental demand, room to raise rents. Three septics. Operating around a 10 CAP now, this is a low maintenance operation. Sellers have a local maintenance person for assistance. Addresses are: 24 Shady Lane Duncan, AZ 85534; 40 Shady Lane ; 72 Shady Lane ; 88 Shady Lane ; 104 Shady Lane ; 120 Shady Lane; and 136 Shady Lane. Sold as-is, where-is.

Tempe AZ Home for Sale

Best buy near ASU! Several recent upgrades for this value-add opportunity. Long-term local owner. Seller Financing available, but not required, at 7% interest-rate with up to a 30 year term. Sale includes two parcels. This complex is not typical, lots of upside. Unit 1-Studio/1 BA 529 SF-Rent $1200 (just upgraded w/ SS appl). Unit 2 -3+BR/2BA 1,044 SF-Rent $2,000 (upgrading in this unit). Unit 3 -1+BR/1BA 1,096 SF-Rent $1,300 (Kitchen/Bath/Living main level 696 SF w/ 2 BR sub-level 400 SF). Unit 4 -1BR/1BA 768 SF -Rent $1,000 (long-term tenant, will need upgrading). All month-to-month leases! New Roof. Utilities are mastered/seller paid with two HVAC units & wall units to supplement. Please do not bother the tenants-showings in escrow.

Fountain Hills AZ Residential Income for Sale

Hard to find Fountain Hills duplex. Cash/quick close investors preferred. Stabilzed rental income and operating around a 6 CAP +/-. This Duplex has 2,325 total SF +/-. Sits on a large 0.27 acre lot. Unit A-2BR/2BA-Rent $2,200-1425 SF+/-; Unit B-1BR/1BA-Rent $1,400-900 SF+/-. Tenant leases run until early 2023. Value-Add Opportunity. Newer roof. HVAC units are older. Nice curb appeal. All separately metered (including water). Low maintenance, low overhead. Tenants pay all utilities except sewer. Nice views. Newer fenced yards. Laundry.Dishwashers. Covered patios. Substantial storage. 2 bed unit has a garage & fireplace. Showings in escrow only. Sold as-is, where-is. Buyer to complete/rely on own due diligence. Actual rents, expenses approximate.

Cottonwood AZ Residential Income for Sale

Jumbo 4plex in booming Cottonwood. Built in 1987. 3 BR/1.5 BA lower units;3 BR/2BA upper units. 1063 sf/unit average. Generous 10,853 sf lot. $164/SF is hard to find. Garage for upper units. Great views of mountains. Actual rents: $1,200/$1,275/$1,325/ $1,270. $5,070/month gross or $60,840/year on rents. New stucco siding/painting at a cost of $42,000. Unit 7 has a recently upgraded kitchen/bathroom. Value-add w/ high ceiling. Cottonwood rental demand is off the charts. Only $164/sf in one of the hottest rental markets in AZ. Compare this to the much higher prices/sf in the Valley! Rents could be much higher, especially with cosmetic upgrades. Just 30 minutes to the heart of Sedona or Prescott! Corner lot, 2nd address is 2460 S Highview Cir. Buyer to complete/rely on own due diligence.

Phoenix AZ Home for Sale

Location, location, location! This recently vacant house is just a few blocks to the heart of the Biltmore area. Undoubtedly one of the absolute best pockets in the Valley, and directly in the path of redevelopment with new construction across the street. This nicely upgraded single family has an excellent layout with 3 bedrooms/1.5 bathrooms. Several commercial buildings as neighbors, on a stretch of a few blocks that's highest & best use would be an assemblage/new construction project. Excellent buy and hold for the forced appreciation; land banking for a developer; or conversion to commercial use.

Tempe AZ Home for Sale

This is a gorgeous duplex that feels like a single family. Offered at $313/sf-highly competitive to comps. Attractive, well-kept South Tempe neighborhood. Most neighbors are owner-occupants. Come visit the quiet side of Tempe. There has been significant upgrading in the last several years. Both units are 940 sf with 2 bedrooms/1 bath & offer dishwashers along with a dedicated laundry rooms. Huge 11,779 sf or .27 acre lot. Fenced yard. Separate entrances. Nice carport with storage rooms. One unit has been significantly upgraded, the other unit partially. Some exterior trim painting will be completed shortly. Rents average $1350 ($1324/$1376). Both leases exp 1/31/24. Market rents could be much higher. Long-term local owner. No duplex on the market in Tempe can match this. Price is firm.

Apache Junction AZ Residential Income for Sale

Great investment. Fully rented triplex in AJ with upside as one is long term month to month and others expire December 2023.Clean 1982 built on large lot with easy care desert landscape great views of superstition.Super location near US 60 with employment and shopping nearby.DRIVE BY ONLY! Occupied.Great upside as units 1 and 2 are below market rents, with #1 month to month and #2 expiring 12/31.

Tempe AZ Commercial for Sale

Sought after location in the heart of Tempe. 6.4+/- CAP rate. Ideally situated just 1 mile from the ASU campus; near LRT; and close to the 202/101. Double corner lot that fronts three streets with high visibility & traffic count. Sale includes two lots that total 18,884 sf. The structure is 2925 sf, built in 1974. Currently used as an office complex. The rent is $7200/month or $86,400/annually N lease. Month-to-month lease terms offer complete flexibility. Zoned as CSS (Commercial Shopping & Services) in the TOD (Transit Overlay District). Many possibilities: owner/operator; restaurant-drive-thru viable; other retail; development; or flex. Please do not disturb current tenants. Sold as-is, where-is.

Phoenix AZ Home for Sale

Six unit compound in nicely gentrifying N. Phoenix area. Zoned R-3. Three separate buildings compromising close to 7000 sf! The two duplex buildings have 1 bedroom/1 bathroom units (588 sf) to comprise 4 total units (2352 tsf). As well, there is a huge duplex (4433 sf) used as a rooming house with an emphasis on sober living (Steps House Center for Healing). Well-respected in the community and operating for many years. It has 7 bedrooms/6 bathrooms over two levels. There is a large pool/rec area that is another 1498 sf unfinished. 6785 tsf finished; 8283 tsf with the pool room-wow! Huge 35,480 sf lot (.81 acres) that has nice block wall privacy, along with a large courtyard. Ample parking. Value-add property. Excellent income with a potential 10+ CAP.

Apache Junction AZ Residential Income for Sale

Excellent opportunity for the right buyer to get into an investment property below market. All 4 units are month to month with well below market rent. Some updating is needed.

Phoenix AZ Land for Sale

Close to 30,000 sf four contiguous lot assemblage that is perfectly positioned. 314, 318, 322, 324 N. 16th St make up the package. Located next to the Historic Garfield District at 16th St/Van Buren St. Commercial use or development play or both. Each lot is 7368 sf with a total of 29,472 sf. Attractive Seller Financing Possible. The lots are surrounded by alleyways on two sides. Strong traffic numbers on a high visibility street for this development opportunity in the middle of it all. The site is close to Downtown Phoenix (1.5 miles), the Downtown ASU Campus (1 mile), and Sky Harbor Airport (2.3 miles). Used car lot most recent use. Could lease out for income and/or develop, providing flexibility. Gentrification is in full swing.

Casa Grande AZ Residential Income for Sale

Rare offering in the City of Casa Grande, just a few blocks from the heart of Downtown in a quiet residential area. This is a 5 unit complex with 4140 total sf or 828 sf/unit average. The unit mix consists of (1) 3 bed/2 bath; (1) 2 bed+den/1 bath; (2) 1 bed/1 bath units; and (1) studio unit. Very competitively priced at $139/sf or $115,000/unit. 3 of the 5 units have been significantly upgraded. Several long-term tenants. All Month-to-Month leases. The units include refrigerators/ stoves & some have washer/dryer/dishwasher sets. Current Rents: #1 $575; #2 $750 #3 $850; #4 $700; #5 $1200. 100% occupied. Separately metered electrical (tenant-paid). Owner pays w/s/t. Huge 14,002 corner lot. Please be discrete and do not bother the tenants. Unit access in escrow. Owner may complete a 1031.

Glendale AZ Home for Sale

Now available: 8 unit/three parcel assemblage (sold together only). Only $198/sf! Long-term owner, self-manages. Attractive Seller Financing is available (25% down). Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases. 75% of the units have recent upgrades. The combined sf of the units is about 6500 total sf or $198/sf. The unit mix over seven buildings consists of: (1) 4 bed/2 bath house; (2) 3 bed/1 bath houses; (4) Large 1 bed/1 bath units; & (1) Studio unit. Expenses are low. The total utility bill cost is $250/m for w/s/t, electric. 6 CAP with current operations & 7+ CAP at market rents. Buyer to complete/rely on own DD, Please do not disturb the residents.

Phoenix AZ Residential Income for Sale

Fully stabilized & 100% occupied at a 7 CAP. Completely renovated from A-Z with strong cash flow. This charming four-unit community offers more bang for the buck. Ideally situated in the 85006 zip near Phoenix Children's Hospital & the Coronado & Garfield districts. The unit mix consists of a single-family home with 831sf that has 2 bed/2 baths, built in 1930, & a triplex built in 1958. The triplex has one 2 bed/1 bath unit that is 787sf, along with two 1 bed/1 bath units that are each 656sf. Total of 2930sf or $322/sf. Rents/extras are #1 $1868; #2 $1543; #3 $1431; & #4 $1723. Huge 12,441 sf lot. Excellent curb appeal & ample parking. Fully renovated, fully stabilized. Pride of ownership throughout.

Glendale AZ Home for Sale

Four unit complex operating at close to a 6.5 CAP. Three buildings/two lots. Part of a package sale (see MLS 6717766 & 6687609). Attractive Seller Financing (25% down, 6% i/o, 5 yr balloon). Near Historic Downtown Glendale on a well-kept residential block. M-T-M leases. The two duplex units at 6741 were just remodeled in the last 30 days. About 2700 total sf. The unit mix includes (1) 3 bed/1 bath house w/ 900sf/$1000 rent & (3) 1 bed/1 bath units w/ 600sf/$1058 rent. Buyer to complete/rely on own DD, Please do not disturb the residents. Sold as an eight unit package only with 6733 N. 54th Ave.

Glendale AZ Home for Sale

Four unit complex with a 6 CAP at very low price/sf. Part of a package sale (see MLS 6717771 & 6687609). Attractive Seller Financing (25% down, 6% i/o, 5 yr balloon). Near Historic Downtown Glendale on a well-kept residential block. All m-t-m leases; 100% occupied. Many upgrades, though room to value-add. The four structures are about 3800 total sf. The unit mix: (1) 4 bed/2 bath house w/ 1500sf/$1550 rent; (1) 3 bed/1 bath house w/ 1200sf/$1250 rent; (1) 1 bed/1 bath unit w/ 700sf/$625 rent; & (1) Studio unit w/ 400sf/$600 rent. Expenses are low. 6 CAP with current operations & 7+ CAP potential. Buyer to complete/rely on own DD, Please do not disturb the residents. Sold as an eight unit package only.

Scottsdale AZ Home for Sale

20+ offers were submitted. Open to a backup position offer, but the price would need to match what is in 1st position (over list price, cash, 5 day inspection). Just a few blocks to Desert Horizon park. Sought-after 85254 zip code in the heart of mid-Scottsdale. No HOA. 1st time for sale since 1992. Great layout with this 3 bedroom/2 bathroom over 2067 sf. Vaulted ceilings. Open kitchen/great room with fireplace. Needs to be upgraded/modernized. Built in 1982 with block construction & tile roof. Attached garage. Nicely shaded, private backyard. Attractive architecture & curb appeal. Patio overhang in back could be finished off for more sf. Very high ceiling with renovated properties selling for $400-$500/sf nearby.

Phoenix AZ Residential Income for Sale

Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1509; 1521 (W); & 1521 (E) E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.

Phoenix AZ Residential Income for Sale

Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1509; 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.

Phoenix AZ Residential Income for Sale

Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1509; 1521 (E); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.

Phoenix AZ Residential Income for Sale

Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.

Phoenix AZ Residential Income for Sale

Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1509; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.

Phoenix AZ Residential Income for Sale

Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1505; 1509; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.

Phoenix AZ Home for Sale

**AFFORDABLE LIVING WITH ATTACHED GARAGE** This community is sought after and units do not come available too often so here's your chance! Oversized garage w/built-in cabinets & extra lighting allow for a home shop/hobby area. Unit features include wood laminate flooring, skylight, tiled shower in the master bathroom + walk-in closet, inside laundry room, pull-outs in the pantry space and fridge/washer/dryer stay too. Private backyard with paver patio, firepit and real grass too. Guest parking close by and complex includes a community pool and clubhouse. Location close to Washington Park, Pool and Activity Center, convenient to I-17 freeway and not far from Downtown.

Phoenix AZ Home for Sale

Nicely upgraded triplex near Phoenix Children's Hospital off of 16th/Thomas in the 850006 zip. Near the Coronado & Garfield districts. Operating at a 7+ CAP with strong rents in place. Well-operated & well-tuned. Rents: Unit 1 is $1688 (now vacant); Unit 2 $1388; & Unit 3 $1388. All three interiors have been fully upgraded with newer kitchens/bathrooms. The front 2 bedroom/1 bath house is 916 sf & the most upgraded overall. The back duplex has a 1 bedroom lower, & a studio unit upper. The units have separate tenant-paid electric & gas. The front house has a roof mounted HVAC, while the back duplex has window units. Highly stabilized, this triplex is an excellent 1031 up leg option. Also available by the same ownership on the same block is 1825 E Harvard (6715612). Buy one or both.

Phoenix AZ Residential Income for Sale

Closed 11.7.24 for $825,000 along with 4920 E Holly at $825,000. 8 total units/$1,650,000. Conventional financing (two loans). The Holly 8 complex consists of twin four-unit buildings that share a pretty courtyard (4912/4920 E Holly). Sought-after mix of three 2 bedroom & one 1 bed/den units (2850 sf +/-). Every unit has been upgraded in the last few years. All units have new 200 amp electrical services & major plumbing upgrades. Great looking kitchens with all SS appliances & dishwashers. Granite/quartz countertops. all new flooring & fixtures, with nicely redone bathrooms. Two units have w/d units, the others have hookups. Private fenced patios, storage, carports. Huge 11,500 sf lot. Rents are $5200/mo ($10,400/8 units).

Phoenix AZ Residential Income for Sale

Closed 11.7.24 for $825,000 along with 4912 E Holly at $825,000. 8 total units/$1,650,000. Conventional financing (two loans). The Holly 8 complex consists of twin four-unit buildings that share a pretty courtyard (4920/4912 E Holly). Sought-after mix of three 2 bedroom & one 1 bed/den units (2850 total sf/4 +/-). Every unit has been upgraded in the last few years. All new 200 amp electrical services with major plumbing upgrades. Great looking kitchens with all SS appliances & dishwashers. Granite/quartz countertops. all new flooring & fixtures, with nicely redone bathrooms. Two units have w/d units, the others have hookups. Private fenced patios, storage, carports/ample parking. Huge 11,500 sf lot. Rents are $5200/mo ($10,400/8 units).

Phoenix AZ Residential Income for Sale

Unique W Downtown Phoenix area 16 unit complex. Under $110K/door & $224/sf! 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 5.25% i/o with a 5 yr balloon at 45-50% LTV. 9+ CAP proforma. New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. All separate electric/gas that is tenant-paid. Four water meters. Zoned R-3. Long-term owner. Rents range from $1000-$1297.

Phoenix AZ Home for Sale

Refined twin four unit buildings near Arcadia, S. Scottsdale, & the Papago Buttes. See MLS 6739507/6739497. The Holly 8 has a sought-after mix of three 2 bedroom & one 1 bed/den units (2850 sf +/-). Around $315/sf. Every unit has been upgraded in the last few years. All units have new 200 amp electrical services & major plumbing upgrades. Great looking kitchens w/ all SS appliances & dishwashers. Granite/quartz countertops, all new flooring & fixtures, Nicely redone bathrooms. Two units have w/d units, the others have hookups. Private fenced patios, storage, carports. 23,000 sf lot. Rents are $10,400/8 units. 100% occupied. Rents can be increased. Corner lot. 5.6 CAP. A premium location that is hard to match. The major guts that have been replaced differentiates this opportunity.

Coolidge AZ Residential Income for Sale

Cash cow with nice upgrades. 8.35 CAP trending to an 8.5 CAP. Be a part of the rapidly appreciating I-10 corridor in Pinal County. Desirable 20,000+ sf corner lot. Located in an opportunity zone (OZ) in Downtown Coolidge, AZ, which is about 1 hour from Phoenix, and 45 min to the Chandler area. Many significant upgrades have been completed, including 4 of the 6 units, major plumbing, heating/cooling, and electrical. Gorgeous new parking lot. New ownership can value-add by finishing some upgrading and raising rents. New 30-year 5-8 unit DSCR loan product would work well. 100% occupied, access to the units in escrow only. Highly stabilized with excellent cash flow is a hard get in this market.

Coolidge AZ Land for Sale

Nice newly zoned .23 acre lot near the heart of Downtown Coolidge, in Pinal County. Parcel #205-03-005A. Be a part of the sought after I-10 corridor between Phoenix & Tucson. Zoned S-1 Rural and R-1-18 Res. This lot could be sold separately or with 131 W Lindbergh (MLS 6816626), a six unit complex listed for $699,900. Located in an opportunity zone, the total sq ft of the lots is over 30,000 with prime corner & Main St frontage. The six-unit lot is just over 20,000 sf with a 7.8 CAP rate in place. Buy this lot + the 6 unit as a package deal with strong cash flow, and add density to really maximize the opportunity. Parcel 205-03-005A (lot) and Parcel 205-03-005B (131 W Lindbergh 6 unit).

Tempe AZ Residential Income for Sale

Sold! Per MLS, this represents the highest sold price for a cash/conventional deal EVER (4 units).Prime location just blocks from Hayden-Ferry Landing, Mill/ASU, and a few minutes to OldTown Scottsdale. In an OZ. All 2 bedroom unit mix (822sf/unit). Stabilized at a 6 CAP. Long-term, local owners have pride of ownership. Many recent renovations to some units including plumbing, kitchens/baths, windows, roof, etc. Classic features to value-add further. Excellent rents in place with mostly flexible month-to-month leases. The complex offers more amenities than the competition, including carport parking, fenced front yards with private back patios, individual laundry/storage rooms, gorgeous desert landscaping, and a pretty central courtyard. More like homes than apartments.

Tempe AZ Residential Income for Sale

This ''ASU OZ 15'' is located in an ''A'' location on the doorstep to ASU, the 5th largest U in the US. Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. R-4. Opportunity Zone. Lots: 32,500 sf (up to 40,000 sf). Value-add. Package includes: 1424, 1428, 1432, 1440 & 1446 S Stanley Pl. All 1 bed units are 506-525 sf , except 1432 (2450 sf 5 bed house). 9759 total sf. Assemblage price-$3,425,000. Or sold individually: 1424 & 1428 S Stanley: 4's. $775,000/4 or $1,550,000. 1432 S Stanley: $700,000. Huge 2450 sf 5 bed house w/ pool. Separately owned sf at 1436. Then 1440, 1442, 1444, 1446 A, B, C Stanley: 6 unit. $1,175,000. Close to a 7 CAP historical income performance.

Phoenix AZ Residential Income for Sale

This closed with seller financing (25% down, 6.5% interest; with a 10 year amortization/term). Near Paradise Valley Village, Desert Ridge & Scottsdale. No HOA. Huge units! Three 2 bed/1 bath units (950 sf /-) paired with a 3 bed/2 bath unit (1150 sf /-). 4000 total sf. 11,975 sf lot. R-3 zoning. 20+ year owner has self-managed. Rents are very low at $1000/$850/$850 (2 bed units) & $1450 (3 bed unit). $49,800/yr +$1200 seller-owned w/d units/late/pet/misc = $51,000 gross/yr. $1500/rent for 2 bedroom is viable. 100% occupied with all month-to-month leases. All long-term tenants. No recent rent increases. Two units had kitchen/bath/lighting/etc upgrades in 2022. Newer HVAC/WH. Value-add opportunity.

Tempe AZ Home for Sale

Strong cash flow with this AZ OZ single-family on the doorstep to ASU, the 5th largest university in the US. $4000/month rent. Tenants pay all utilities, including water/sewer. Lease expiration 7/28/2025. Huge 2450 sf 5 bed/2 bath single-level house with newer pool in the backyard. Now vacant. Close to a 7 CAP with low owner expenses historically. Available individually or as part of a package of 15 units (MLS 6851166). Seller financing is available, but only with a large buyer down in the deal. Value-add opportunity offered for well-under $300/sf.

Tempe AZ Residential Income for Sale

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. Now 100% vacant. Owner can deliver vacant or re-leased. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas. Twin adjacent property is 1424 S Stanley (MLS 6855520). Available as a package of eight units or the full package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. A 10% 2nd position carry or low LTV/market interest rate carry possible. Shared water meter with 1424 S Stanley. Close to a 7 CAP historical income performance ($1299 rents).

Tempe AZ Residential Income for Sale

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. Sought after four unit complex. All 1 bedroom unit mix. Located in an opportunity zone with 1000's of new units in process. Now Vacant. Owner willing to deliver vacant or re-leased. Twin adjacent property is 1428 S Stanley (MLS 6855518). Sold together as eight units or buy the full package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. A 10% 2nd position carry or low LTV/market interest rate possible. Close to a 7 CAP historical income performance. Water meter shared with 1428 S Stanley. 1424 & 1428 S Stanley need to be sold together.

Tempe AZ Residential Income for Sale

Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas. Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Close to a 7 CAP historical income performance.

Phoenix AZ Residential Income for Sale

Large triplex in nicely gentrifying South Phoenix neighborhood. Numerous new construction houses going up right now on the same block, including next door. Many upgrades in the last several years with nice curb appeal. Separate electric (4 meters) upgraded about 9 years ago with three HVAC roof units. Each unit has separate storage along with a ''double'' separate laundry room & large storage shed. Unit mix consists of two 3 BR/2 BA units (1131 SF and 1209 SF), along with a 2 BR/1 BA (698 SF). Upper 3 BR unit has a view of the city. 2 BR tenant has been there about 20 years. 3 BR units now vacant, offering the buyer nice flexibility. Long-time owners have self-managed. Clear pride of ownership with this property on a nice block. Buyer to complete & rely on own due diligence. DND tenants.

Phoenix AZ Home for Sale

Excellent Central Phoenix location close to everything with shopping, restaurants, light rail within a 1/4 mile. Property was a rental triplex and would generate high rent. Great potential as a multi-generational property with no stairs, a home office with gym and storage, or any hybrid of the above. Property is just over 2000sqft as the carport has also been converted to livable. The property has been remodeled with a brand new warrantied roof,new A/Cs (3), new water heaters (3), new tile throughout, new paint, cabinets and counters, appliances, plumbing fixtures, hardware etc. Property sits on a huge 9,625 sqft lot and has an RV gate as well as 3 slab parking spaces that are 2 deep for 6 or more cars and toys. Agent related to sellers. Sold as-is, buyer to verify everything.

Tolleson AZ Home for Sale

Priced for a quick sale. Original owner Starling model from Richmond Homes on an attractive, low-traffic cul-de-sac in Country Place Community. Well-taken care of property with an excellent floor plan that includes three bedrooms, 2.5 bathrooms, vaulted ceilings, a generous loft and much more! Upgraded features include, but are not limited to: *3 car finished garage (could be converted to add't BR); *Huge kitchen with full breakfast bar; *Media center in living room; *Three-paneled, raised doors; *Beautiful oak railing staircase; *In-suite master bathroom-bay window-walk-in closets master area; *Tile kitchen & dining area; *Custom window treatments; *Two A/C unit system; *Landscaped front/back yard with nice patio/RV gate...and many more extra builder details you won't typically find.

Mesa AZ Home for Sale

4 bedroom/2 bath single-level that was extensively remodeled around 2014, including a gutted kitchen with granite and cherry cabinets around a double sink. Recent upgrades include a new HVAC and numerous cosmetics. Very open concept. Separate family room. Newer flooring, lighting, and more. Separate laundry room too. Big lot with an RV gate. Buyer to complete and rely on own due diligence.

Tempe AZ Home for Sale

Strong location near LRT and ASU. Good size 3 bedroom/2+ bath house that needs repairs and upgrades. Currently rented to a long-term tenant on a month-to-month lease at $850/month. If buyer plans to obtain financing, seller prefers conventional. 8988 SF lot. Great potential. Possible land banking opportunity with lot directly south available in the right situation. Additional 7500 SF lot/triplex lot offers assemblage potential that would total 16,488 +/- SF with R-4 zoning. Buyer to complete and rely on own due diligence.

Phoenix AZ Home for Sale

Location, location, location! Just a stone's throw from the heart of Restaurant Row on 7th Street in Uptown Phoenix. This classic, mid-century vintage condo is available for the first time in 20+ years. All tile flooring. Just repainted. Prime 1st floor locale with a view of the pool. Long-term rental that will require some cosmetic upgrades. Well-maintained community in North Central with great walking options/convenience to everything. Some of the top restaurants in the city are just a few blocks away. Unit includes 1 deeded parking space and a storage unit. HOA reserves are currently below typical lender requirements and the preferred buyer is coming in with cash or private money. Buyer to complete/rely on own due diligence including condo/HOA.

Phoenix AZ Home for Sale

Two houses on one lot! Sought after Historic Garfield location. Hard to find square footage at well over 2000+ SF. Large one-level single family with high ceilings, 3 big bedrooms & 2+ bathrooms. 1660 SF +/- with a great floor plan. Huge kitchen & fireplace as well. Additional highly refurbished guest cottage with 567 SF +/- sits on the rear portion of the property. It has 2 small bedrooms & 1 bathroom. Total of 2227 SF +/-. Many recent upgrades with both buildings, but still needs substantial upgrading/finishing. Non-conforming rear structure. Potential rental income of $2,000+/monthly after finishing. Square footage is per tax assessor. Buyer to complete and rely on own due diligence. Heavy value-add project.

Phoenix AZ Home for Sale

Rare opportunity in the Coronado Historic District. 3 bedroom/2 bath single-family that was completely renovated from top-to-bottom 11 years ago. Curb appeal w/ lots of character! Property also includes two legal guest houses in the back that are both two bedroom/1 bath and were renovated as well. Zoned R3. Owner has also completed recent updates with all newer water heaters, one newer HVAC, and pool pump. Gorgeous 7 feet deep private pool. All currently rented: Single family $1000/month; Front Guest House rents at $695/month & Rear Guest House at $725/month. Single-family on m-t-m lease, guest houses have set leases expiring later this year. Could work well for an owner-occupant w/ rents paying all the bills or an AirBnB/VRBO short-term rental. Buyer to complete & rely on due diligence.

Tempe AZ Home for Sale

Located in the high-demand Sunset Estates area of Tempe, within walking distance to ASU, Mill Ave, and Light Rail. Nice 3 bedroom mid-century ranch that has been rented for 5+ years to the same tenant at $1294/month. Tenant pays all utilities. Interior had many cosmetic upgrades around 10 years ago. Excellent alternative to buying a small multi-family or could also work well for an owner-occupant. Tenant occupied, tenant rights. No interior showings until accepted offer. Please do not disturb the tenant. Room sizes estimated. Buyer to complete and rely on own due diligence.

Glendale AZ Home for Sale

Attractive single family used as a rental in the recent past. Just repainted with some nice upgrades. Newer roof and HVAC. Well-kept single family block. Near Downtown Glendale. Great opportunity for an investor or owner-occupant.

Phoenix AZ Home for Sale

Incredible opportunity! Looking for a great investment? Interested in having someone else pay your mortgage? Ask your agent how you could live in one of the units and have the other tenants help pay your mortgage. This property features two separate buildings, situated on a large lot. Current owner has done a great job bringing this property back to life since taking ownership in 2016. Updates include a new roof and AC unit on 2 bedroom unit. This three unit property offers a 2 bedroom 1 bath unit , and two 1 bedroom 1 bath units. Centrally located, close to area schools, shopping, job centers and freeways.

Phoenix AZ Home for Sale

Panoramic Views of Several Mountain Ranges! Located in the foothills of North Phoenix in quiet, serene Ocotillo Hills. This highly polished house has been significantly upgraded & provides amenities galore. It has been used as a duplex for decades, but is zoned R 1-6 SFR. Could be a nice owner-occupied unit w/ attached guest ''house'' unit. Recent big-ticket improvements-dual pane windows, roof, 2 HVAC units, newer kitchen main unit, & more! Each unit has a deep private driveway, ample parking/carport, private front/back security doors, gorgeous desert landscaping, covered patio, & huge private block wall backyards w/ views for miles. Easy to show. Buyer to complete/rely on own due diligence including SF, rental income, etc. See MLS 5873455 (multiple dwellings).

Coolidge AZ Residential Income for Sale

Cash cow with nice upgrades. Operating at an 8.5 CAP +/-. Be a part of the rapidly appreciating I-10 corridor in Pinal County. Desirable 20,000+ sf corner lot. Located in an opportunity zone (OZ) in Downtown Coolidge, AZ, which is about 1 hour from Phoenix, and 45 min to the Chandler area. Many upgrades have been completed, including 4 of the 6 units, some plumbing, heating/cooling, and electrical. Gorgeous new parking lot. New ownership can value-add by finishing upgrading. Highly stabilized with excellent cash flow is a hard get in this market. Locally owned/self-managed. Current CAP rates around PHX are much lower based on current listings. This is a property with nice upgrades & solid rents in place already. Please do not disturb the tenants.