GOVERNMENT ASSISTED TENANTS!Do not disturb tenants.Property can be shown with Listing Agent or Co-listing agent by appointment only.However,the occupied units cannot be shown without accepted contract. Tenant occupied 3 units.2 units are still under construction.The three 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. The two front units are pre-leased for $754 and $950.00.This is an area that is being re-positioned.The rear unit is fire sprinkled.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.
Actual Monthly Rent
Gross Annual Income
Net Operating Income
Scope of Work Completed
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.