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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$614,500

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Parkway Village

MLS Listing ID 7031584

Maintenance Fees $3,107

Year Built 1973

Annual Tax Amount $2,884

Tax Year 2025

Lot Dimensions 9769

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking.

Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.

Location

State AZ

County Maricopa

Community Parkway Village

Area Maricopa

Zoning R-4

Interior

Heating Other, See Remarks

Cooling Other, See Remarks

Flooring Other

Appliance Other, See Remarks

Exterior

Parking Features Add'l Parking Avail, >1 Space Per Unit

Community Features No Pool

Roof Type Tile

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 144-44-062

Acceptable Financing No Carry, Conventional, 1031 Exchange, FHA

Disclosures None

Listing Terms No Carry, Conventional, 1031 Exchange, FHA

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Listed by Compass • Zachary Coty

NEARBY SCHOOL & BUSINESS

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4421 N 53RD Lane Phoenix, AZ 85031