2801 E Marconi Ave - Apartments FOR SALE


Phoenix, AZ 85032- Paradise Valley North
$775,000 USD
480-530-3435
2801 E Marconi Ave, Phoenix, AZ for Sale
$775,000 USD
Apartments - FOR SALE
1/6
null | 7.17% Cap Rate

2801 E Marconi Ave
Phoenix, AZ 85032
Paradise Valley North


OVERVIEW

2801 E MARCONI AVE is a turn Key 4plex in North Central Phoenix! Long term tenants with established market rent leases. A 1982 constructed building with a fantastic unit mix: One - 3bed/3bath, Two - 2bed/2bath units and One - 1bed/1bath. New ownership can realize immediate cash flow with room to improve income by renovating the 1bed/1bath unit. Huge interiors with modern layouts and in-unit full size washer/dryer. Average sqft over 1000 sq ft/ unit. Tenants pay their individually metered electric, while the landlord just pays the HOA dues (includes: water, sewer, trash, common area maintenance, and the pool). The building has 4 covered parking spaces and additional uncovered spaces available for tenant usage. • Nicely renovated units with wood plank f looring, interior paint, and washer/dryer in suite • Excellent location in North Phoenix in the Paradise Valley school district • Larger than average Unit sizes • Covered parking space for each unit with additional uncovered spots available

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

4

PRICE/UNIT

$193,750

CAP RATE

7.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marconi Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,557 SF

ZONING

PAD-HD

APN/PARCEL ID

214-39-077

ASK ABOUT THIS PROPERTY

Jackson EverhartORION Investment Real EstateMore Info
480-530-3435

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Jackson EverhartORION Investment Real EstateMore Info
480-530-3435

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.