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

4 parking spaces

Individual, Heat Pump, Electric

47 Days on website

0 acres lot

Interior

Appliances

F/S Oven/Range

Flooring

Ceramic Tile, Vinyl

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1963

Exterior And Lot

Lot Size Square Feet

Parking Features

Add'l Parking Avail, 1 Space/Unit

Parking Total

Zoning

R-3

Utilities

Cooling

["Central A/C", "Individual", "Heat Pump", "Electric", "Ceiling Fan(s)"]

Heating

Individual, Heat Pump, Electric

Area And Schools

City

Phoenix

Community Features

See Remarks

County Or Parish

Maricopa

School District

Glendale Union High School District

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$1,725

Tax Year

2023