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About This Home
This 8-bedroom, 0-bathroom residential multi family at 1318 E CULVER Street in Phoenix, AZ is listed for $771,500. Built in 1985, on a N/A lot.
*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit.
Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways.
This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.
Key Features
- Built in 1985
Property Details
Amenities
Monthly Cost Estimate
$4,126/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1318 E CULVER Street
Phoenix, AZ 85006
BURROUGHS
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 1318 E CULVER Street is listed at $771,500. The estimated monthly payment is $3,343 based on 20% down at 6.5% interest.
Key features include: Built in 1985.
This property is listed by Eric P Hegarty and can be reached at 4803296083 or eric@azapartmentssold.com.
