Price
$ 349,000

2302 E MICHIGAN Avenue, Phoenix, AZ 85022  

2302 E MICHIGAN Avenue, Phoenix, AZ 85022  

Rare opportunity to invest in a high profit-generating, hard-to-find, stand alone fourplex in North Phoenix. Area is experiencing tremendous growth (Starbucks, Costco, Panda Express, etc). All four units are 1 bed/1 bath and current rents are over $600 per month. Buyer can leave as is and collect rent OR qualify for an FHA loan and live in one unit while collecting rent from other three units. Essentially being paid to live for free. Property has 2 units per building, entirely fenced with gated access for security and privacy. Low maintenance landscaping and fresh paint/surfaced parking lot. All units have granite counter tops in kitchen, fresh paint, and tile floors.100% Tenant occupied. **Do not disturb tenants.** Drive by only. No sign. Viewing after accepted offer.

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Listing Type
Multi-Family
Listing ID
5643093
Lot Size
7,722.00 sqft
Listing Status
Active
Year Built
1983
County
Maricopa
County School District
Paradise Valley Unified District
School District 1
Echo Mountain Primary School
School District 2
Vista Verde Middle School
School District 3
North Canyon High School
Zoning
R3
Taxes
1244.0
Listing courtesy of Rattler Realty, LLC
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX PROFESSIONALS
    1745 S Alma School Rd Ste 146 Mesa, AZ 85210 | Phone: (480) 270-5200
    License #: SA643279000
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.