Arizona Elite Investments

1004 S Montezuma St

Phoenix, AZ 85003

$149,000

Property Details

  • Price: $149,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Footage: 1062
  • Year Built: 1936
  • Type: Multi Family
  • Garage: Garage car

Property Description

Opportunity to own a triplex in South Phoenix with 2 long term tenants in place (over 10 years) on month to month leases. One SFR - 3 bd, 1 ba, and one duplex - both side are 1 bd 1ba. (one side is lived in the other side is "storage" for tenant). Rents are currently $425 and $375 respectively.

These income producers are going to need some work. Neither homes have working A/C - window units in pictures are not functional either. Full electrical is needed on the duplex, and while gas meters/hook ups are there they are not currently in use. Full remodels will be needed if rents are to increase OR leave the tenants in place - they are interested in staying and homes are being sold as is with tenants in place.

CONTACT DETAILS

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