ARE YOU KIDDING A 7.83% CAP ON ACTUALS-AND I HAVE A LENDER THAT WILL LEND WITH 30% DN! GOVERNMENT ASSISTED TENANTS!Do not disturb tenants.Property can be shown with Listing Agent or Co-listing agent by appointment only.Five units are occupied by Section 8 tenants.See Document tab for copies of financials,permits and scope of work done.This property is an exceptionally well done remodel.All with permits. The three rear units are occupied at $754.00 per month. This is an area that is being re-positioned.The rear unit is fire sprinklered.Please see the photo tab for the photos of the interior of the finished units.NEW air-conditioners,cabinets,electric,plumbing & more
The Garfield District is one of those areas in Phoenix that is experiencing revitalization from the expanding downtown Phoenix area.
Developed from 1883-1955, Garfield Historic District contains nearly 800 households and contains primarily modest bungalows, Period Revival homes and the city’s largest concentration of “pyramid cottages.” Before becoming a residential community Garfield was part of an extensive agricultural tract. Garfield has an eclectic arts scene and is easily walkable to Roosevelt Row and First Friday fun.
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This is an Investment Property that was purchased as a full remodel Project. The building was boarded up and a true blight on the neighborhood. With a licensed contractor and permits with the City of Phoenix; this building was completely rebuilt. NEW NEW EVERYTHING is probably the only way to describe it. This means plumbing, electrical, mechanicals, windows, cabinets and much more. Take a look at the pictures.