8 Beds
8 Beds
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Bethany Main
MLS Listing ID 6946557
Bedrooms 8
Year Built 1959
Annual Tax Amount $1,873
Tax Year 2024
Lot Dimensions 14600
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Discover this incredible value-add multifamily property featuring four 2-bed, 1-bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017. Two units (2522 B & 2528 B) are currently rented at $840 and $780 per month, providing immediate income. The remaining two units are vacant and ready for renovation, offering great upside potential for increased rents or resale value. Located near GCU and major transportation routes, this property is perfect for investors seeking strong cash-flow potential in a high-demand rental area. With a little vision and improvement, this 4-plex can become a top performer in your portfolio!
Location
State AZ
County Maricopa
Community Bethany Main
Area Maricopa
Zoning R3
Interior
Heating Electric
Cooling Electric
Flooring Carpet
Appliance Free-Standing Range, Dishwasher, Refrigerator, None, Microwave
Exterior
Parking Features Add'l Parking Avail, Carport
Community Features No Pool
Roof Type Rolled/Hot Mop
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Alhambra Preschool Academy
Middle Schools Alhambra Traditional School
High Schools Alhambra High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 153-05-054-A
Ownership Fee Simple
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
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Mortgage Loan Originator & Realtor License ID: SA709955000 NMLS# 1418692