Listed by ORION Investment Real Estate
$739,000
Waltann 4Plex
Details
APN 214-40-193
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,750
Units 4
Price per SqFt $76
Year Built 1982
Multifamily | 4 Units | $184,750/unit
Marketing description
THIS 4-UNIT PROPERTY IN PHOENIX PRESENTS A COMPELLING OPPORTUNITY FOR THE OWNER-OCCUPANT OR BUY-AND-HOLD INVESTOR LOOKING TO ENTER OR EXPAND IN ONE OF THE VALLEY'S MOST RESILIENT RENTAL MARKETS. THE OFFERING FEATURES A DESIRABLE UNIT MIX OF THREE 2-BEDROOM RESIDENCES AND ONE SPACIOUS 3-BEDROOM UNIT, IDEAL FOR THE HOUSE HACKER LOOKING TO OFFSET THEIR MORTGAGE WHILE BUILDING LONGTERM EQUITY. THE PROPERTY IS MOVE-IN READY WITH MEANINGFUL UPDATES ALREADY IN PLACE, ALLOWING AN INVESTOR TO STEP IN WITH CONFIDENCE WHILE STILL HAVING A CLEAR RUNWAY TO ADD VALUE THROUGH STRATEGIC IMPROVEMENTS AND RENTAL RATE OPTIMIZATION.
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Listed by ORION Investment Real Estate
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