4515 N 14th Pl - Multi-Family FOR SALE


Phoenix, AZ 85014- Midtown Phoenix
$985,000 USD
602-493-5100
4515 N 14th Pl, Phoenix, AZ for Sale
$985,000 USD
Multi-Family - FOR SALE
1/13
null | 4.05% Cap Rate

4515 N 14th Pl
Phoenix, AZ 85014
Midtown Phoenix


HIGHLIGHTS

  • Renovated to the studs in 2016
  • Strong Tenant base, including long term occupants
  • Unique unit configuration with private outdoor space

OVERVIEW

Turn-key Central Phoenix triplex comprised of two buildings with separate addresses. Front building (4515) is 2018 new construction featuring Unit A (1bd/1ba) and Unit B (2bd/1ba), each with private yard and dedicated parking. Rear residence (4513) is a freestanding 2bd/1ba home fully renovated to the studs in 2016 with gated driveway and four uncovered spaces. All units offer inside laundry and private individual yards. Complete foam roof recoated and full exterior painted in 2020. No HOA. Stabilized asset in a strong Uptown rental corridor with long-term appreciation potential. Strong tenant base. Tenants pay own electric. *Do not disturb tenants. Drive-by only. *All showings subject to accepted contract. Buyer to verify all facts and figures. *Seller is also offering other triplex and fourplex assets in Central Phoenix & Scottsdale. *Contact Listing Agent for full offering summary, financials, rent rolls, and capital improvement details.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$365 USD /SF

# OF UNITS

3

PRICE/UNIT

$328,333

CAP RATE

4.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tri-Plex In Desirable Central Phoenix

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-3

APN/PARCEL ID

155-02-037

ASK ABOUT THIS PROPERTY

Aaron CarterCambridge PropertiesMore Info
602-493-5100

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Aaron CarterCambridge PropertiesMore Info
602-493-5100

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