Price
$ 995,000

1805 E INDIAN SCHOOL Road, Phoenix, AZ 85016  

1805 E INDIAN SCHOOL Road, Phoenix, AZ 85016  

Just reduced on 6-16-2017 $45,000 under last accepted offer for immediate sale. One of few chances in the market to have a complex as VRBO or AIRBNB. Exceptional Returns! There is no better time to get in on all the action and revitalization going on in the central Phoenix area, 12 Fully Rehabbed turn key units, with renovations just completed and ready to rent! Estimated 6.8% cap rate (long term tenants.) based off sellers Proforma. Security gate access, individually metered electric, roof has all been updated, several AC units recently replaced, 5 assigned parking spots with additional available for over night parking. Rare to find a turn key MF under 100k/door in this area!

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Listing Type
Multi-Family
Listing ID
5581524
Lot Size
5,800.00 sqft
Listing Status
Active
Year Built
1963
County
Maricopa
County School District
Phoenix Union High School District
School District 1
Creighton Elementary School
School District 2
Creighton Elementary School
Zoning
C2
Taxes
2935.0
Listing courtesy of My Home Group Real Estate
Price History
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Date Event Change Price
6/16/2017 Price change $-105,000 (-9.5%) $995,000
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX PROFESSIONALS
    39504 N Daisy Mountain Dr Ste 106 Anthem, AZ 85086 | Phone: (623) 465-2300
    License #: SA643279000
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.