Arizona Elite Investments

48 W Tamarisk St

Phoenix, AZ 85041

$579,900

Property Details

  • Price: $579,900
  • Type: 5+ Apartment

Property Description

10 PLEX Property (rare opportunity)

Six total units are occupied all month to month. The other four units need rehab and have a bid from a contract to make them section 8 ready.

The 10 plex is setup with one 3 bedroom 1 bath house, one 2 bedroom 1 bath unit and there's eight 1 bedrooms 1 baths units.

The occupied units are rented month to month for 650. Rents can be increased or put in new section 8 renters for best return.

Total living area is 4,707 square feet, 5 separate buildings and the lot size is 23,392 square feet. Estimated cost to complete project started after sale last year is $75,000.

Priced less than $60k per unit!

CONTACT DETAILS

Phone: 480-428-8300
Email: [email protected]
Website: https://arizonaeliteinvestments.com