1442 E Polk Street, Phoenix, AZ 85006

$725,000
List Price
$725,000
Days on Market
10
Status
ACTIVE
MLS#
6111613
City
Phoenix
Subdivision
Germania Place Lots 1, 2, 12, 13
Year Built
1946

Property Description

WOW! Rare opportunity for a fully occupied 6-Plex on over half acre lot. The well-maintained complex consists of 5 structures (duplex on street facing) with a mix 3X 1bed/1bath, 2x 2bed/1bath, 1x 3bed/2bath. Current rent total $4,187 with several units below market rate (tenants also pay own electric). Two units have new HVACs, and several have new/newer water heaters. Most units have been refreshed within the last two years. Opportunity for owner to take over and immediately increase rent. Several units have washer/dryer hookup ready to go. Alternatively, there is a laundry room available for new owner to easily retrofit and generate additional income stream. OR redevelop this property into your ideal multifamily property. The possibilities are endless!The property is also perfectly situa

Additional Information

School District
210 - Phoenix Union High School District
Construction
Frame - Wood
Cooling
Heat Pump, Window/Wall Unit
Electric
APS
Exterior Amenities
Cable TV Available, Desert Landscaping
Finish
Painted, Stucco
Floors
Carpet, Ceramic Tile
Gas
SW Gas
Guest House Sq Ft
6
Heating
Ceiling Fan(s), Electric, Gas
Interior Amenities
Unfurnished
New Financing
Conventional
Parking
>1 Space Per Unit
Project Type
Duplex, Other (See Remarks)
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Subdivision
Germania Place Lots 1, 2, 12, 13
Taxes
$2,131
Tenant Pays
Cable TV, Electric, Gas
Units
6
Water
City Franchise
Zoning
Rental

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Arizona Elite Properties.

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