Great investment opportunity to own part of this portfolio of multi-family properties in downtown Phoenix. With a 7.4% CAP RATE, these 7 units are in a high-return area and prime location. All units are tiled and include appliances. Two separate buildings on large 16,000+square foot lot. Low-maintenance landscaping. Secluded area of downtown located near 3 major hospitals and public transportation. Rents are increasing in this area so this is an excellent chance. Total list price for both buildings is $350,000. Additional properties of this portfolio available for sale (MLS#5295207). Owner open to negotiation for bundling properties. Number in the MLS represent the operation of the 7-plex as a whole, not individual buildings.
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