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2925 North 38th Street

Phoenix AZ 85018

10
Multi-Family
Currently for sale - view listing

Overview

FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.

Features

10 carspaces
4 open car spaces
Multi-Family

Happy sellers in Phoenix

89%
89% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 4 multi families similar to 2925 North 38th Street, have been sold.

This represents a 34% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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