Midtown Apartments
Multifamily | 4-Plex + SFR
Marketing description
Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club. Features a 4-unit building and a single family residence surrounding a lush garden community courtyard! Unit mix consists of (3) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath for the 4-plex & 2-Bed / 1-Bath for the SFR. The units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans, lighting & HVAC. Property is fully fenced & secure with 5 parking spaces in front & 4 carport spaces in the back. An array of improvements and enhancements blending mid-century charm with modern, high-end renovations have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown.
Investment highlights
- 4-Plex + SFR, built 1947, Garden Style Mid Century Property Located in Popular Midtown Phoenix area
- Unit Mix Consists of (3) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, and SFR 2-Bed / 1-Bath
- Updated Units with flooring, paint, appliances, fans, lighting & HVAC
- Strong Rental History with Near-Term Rent Increase potential
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