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Home > For Sale > Apartment Buildings(5+ Units)
Listing ID: 6667
PHOENIX AZ SECTION 8 KILLER INVESTMENT TRIPLEX/FOURPLEX with HARD MONEY AVAILABLE! $595000 For Sale We can finance it! Property Description *** GREAT INVESTMENT PROPERTY *** Designed for Section 8 - Great Cash Flow ! Price: $595,000 for all 7 units $9,800/mo. rent Hard money available at 15% (no points) Valuation: Cap rate: 12.6 Was SECTION 8 rental in the past Central Phoenix 7-Plex 2725 W Portland St & 1026 N 27th Ln Phoenix AZ 85009 Apts: 4 bedroom / 2 bath Square Foot: 1,232 + Car ports Year Built: 2006 Parcel: 14,075 & 21,995 sf Tax Parcel: 109-06-070-B & A Alternatives: Buy 7-Plex Buy 3-Plex (separate Deed) Buy 4-Plex (separate Deed) Rehab required: $19,000 completion of rehab (3-4 weeks) $18,500 heating/cooling $15,700 appliances Close to downtown, bus lines, I-10, quiet area ! Section 8 is HOT. I was told that only the investors right now know that Phoenix has hit bottom and so investors are grabbing as much as they can before it becomes public knowledge and prices go up. This multi unit is centrally located, the newest available on the Section 8 rental list and there are over 200 people searching for Section 8 units like this one. With Section 8 the rents are directly deposited into your checking account from the federal government (Guaranteed Rent/Cash Flow) ---pretty cool stuff --- check out Section 8 on line. Contact: Ron Nawrocki 623-249-4792 or Ron@TheRonald.us AZREIA member = M576200 OR Brenda Demetropoulos 805-795-4453 or brenda@reedmariculture.com Contact Information Contact person: Ron Seller type: Private Owner Owner Finance: Yes MLS: Phone: Log in to view Address: Log in to view City: Phoenix State/Province: Zip/Postal Code: 85009 Country: User Listings: Show All Ads by this member Listing Information Type: Apartment Buildings Listing Status: For Sale Price: 595000 Bedrooms: 4 Bathrooms: 2 Stories: 2 Square Feet: 1232 Lot Size: 21,995 Age of Home: 2006 Additional Feature: Appliances: Benefits: Carport, Near School, Near Transit Planning to Sell or Buy a Home? Compare REALTORS® First. It's Fast and Free! Front View of free standing units adjoined by carport