Twelve Rental Units & Eleven Buildings
Type: Multi Family Home
Location: 1124 E. Fairmount Ave. , Phoenix, AZ 85014
Bedrooms: 1, Bathrooms: 1 full, 0 half
Price: $750,000
Description: This property consists of 12 rental units in 11 block constructed buildings. One building is a duplex of 1148 Square feet, each unit has one bedroom (one is currently used as an office). Ten units have one bedroom and are each a separate building. The units have been extensively renovated. Updates include roofs, plumbing, electrical, flooring, walls (including studs where needed), fixtures, doors, windows, window evap cooling units and heaters. Permits were obtained for renovations from City of Phoenix. Six units are currently undergoing renovation (seller will complete renovations before close of escrow), all other units are currently occupied and leased on month-to-month basis. You have turn-key operation with on-site property manager. Seller will consider carryback with acceptable terms. Call our office at 602-252-4191 to arrange your personal showing. .............................................................Directions: Go south on 12th St. past Indian School to Fairmount. Make a right and go west to the property at 1124 E. Fairmount Ave. .............................................................List Of Features: 1945 Twelve unit complex ~~ 11 Buildings (one a duplex) ~~ Each free-standing building 440 Sq. Ft. ~~ 1 Bedroom ~~ 3/4 Bath ~~ Block Construction ~~ Stucco Finish ~~ Comp-Shingle Roof ~~ Ceramic Tile Floors ~ Unfurnished ~~ F/S Oven/Range ~~ Refrigerator ~~ Electric Heating ~~ Individual Heating ~~ Evaporative ~~ Individual Cooling ~~ City Franchise Water ~~ Sewer-Public ~~ APS ~~ Free Parking ~~ 1 Space/Unit ~~ Roads-Asphalt/Blacktop ~~ Owner Pays-Water, Sewer, Trash, Landscaping ~~ Lessee Pays: Electric.