For Sale

Listed by Tyler Nick from McMath Realty LLC

Source: Arizona Regional Multiple Listing Service #6695476

2036 W Cactus Rd, Phoenix, AZ, 85029

$679,000

4

MultiFam

30+ days on the market

What's around 2036 W Cactus Rd

About this property

A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. 3 of the units have been extensively remodeled with new flooring, new kitchen cabinets, counters and appliances, new vanities, tubs and toilets, popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owned 4 plex buildings. Units C and D have private fenced yards. Roof was new in 2018. Unit A - new A/C in 2023. Unit D - new A/C in 2021. Unit C - new A/C in 2020. 100% occupied at below market rates. Market rents indicate a $1250-$1350 per month rate is possible, making the CAP rate a terrific 7%+. Community laundry. NO HOA!

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