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3637 East Glenrosa
Phoenix, AZ 85018 |
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Two premium fourplexes, each on its own lot and adjacent to each other making it a superb 8 plex with residential financing available. Rarely do such nice properties come on the market in the best rental and living areas of Phoenix. These two have had many upgrades, including full refurbished interiors on several units: new flooring, kitchens, bathrooms. What makes this such a high demand area is the easy access to the airport, businesses, recreation like the zoo, Camelback Mountain, downtown Scottsdale, Central Phoenix and all the great shopping and restaurants near-by, but of course ease of access to jobs is important and both are here: jobs and access. The combined lot is 22,401 square feet (over half an acre) making it possible to do some redevelopment in the future or simply keep for a long time as a cash flow property that is easy to own and manage. For a full analysis, current leases and expenses please see the attached document in the documents tab.
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Superb Location
Arcadia - how can you beat that as a location.
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Great Rental Pool
Always in demand by residents. Always lower vacancy rates in the area then the valley as a whole.
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Many Upgrades
new roof in 2004, some re-plumbing, new kitchens, some new bathrooms, some appliances replaced, 6 new AC units in 2004, and so on.
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On a combine half acre lot.
huge lots are even better when combined with lots of potential for the future.
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Artur & Joanna Real Estate Team / Realty Executives / 7600 N. 16th St. , Suite 100 / Phoenix, AZ 85020
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