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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2925 N 38TH Street in Phoenix, AZ is listed for $900,000. Built in 1964, on a N/A lot.
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base.
Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts.
The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.
Key Features
- Built in 1964
- Private pool
Property Details
Amenities
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2925 N 38TH Street
Phoenix, AZ 85018
CITRUS ACRES LOTS 1 THRU 20
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2925 N 38TH Street is listed at $900,000. The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.
Key features include: Built in 1964, Private pool.
This property is listed by Heather Openshaw and can be reached at 4804625939 or heather@heatheropenshaw.com.
