Prime 4-Unit Multifamily Investment with Turnkey Renovations & Value-Add Potential | Minutes from Downtown Phoenix This is the perfect multifamily opportunity for investors seeking both immediate income and long-term upside. Two of the four units have been fully renovated from top to bottom, while the remaining tenant-occupied units offer clear value-add potential through future upgrades. One of the renovated 2 bed / 1 bath units is currently vacant, and the 3 bed / 1 bath unit will be delivered vacant October 1st—giving new ownership the chance to set market rents right away. Unit Mix -1 × 3 Bed / 1 Bath -2 × 2 Bed / 1 Bath -1 × 1 Bed / 1 Bath Renovation Highlights (2 Units Completed) -Infrastructure Upgrades: New plumbing & sewer lines in the front building, plus updated electrical and plumbing fixtures throughout. -Modern Comforts: In-unit washer/dryer hookup in one unit, community laundry for all residents, brand-new wall A/C & heating systems in every unit. -Stylish Finishes: Fresh paint, new drywall, modern doors and blinds, upgraded white kitchen cabinetry with new countertops, premium stainless-steel appliances, and durable flooring. -Bathroom Refresh: Contemporary vanities, tiled showers, new toilets, and modern fixtures. -Exterior Enhancements: New roof, dual-pane windows, and fresh exterior paint. Property Highlights -Roof replaced just 3 years ago -Long driveway with 9 off-street parking spaces -Water-efficient, low-maintenance landscaping -Current rental income (3 units): $43,452 annually -Pro forma rental income (full occupancy): $61,116 annually -Attractive investment metrics: ~8% cap rate | 9.8 GRM -Owner currently pays all utilities -Exceptionally low property taxes ($647/year) Additional Information -Photos are virtually staged – property sold unfurnished -Please do not disturb tenants
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