Investment Summary
Completely remodeled located at 4115 E Moreland St in Phoenix Arizona! New tile flooring, fresh paint throughout interior and exterior, New fans, faucets, lighting, bath & plumbing fixtures. All new white cabinets in bath & kitchen with granite counters. new tubs and tile shower surround. All New SS appliances in kitchen. New window treatment. Each unit has side by side W/D hook ups. Easy access to the 202. Surface parking for each unit. Well maintained landscaping. Near schools and business venues. Easy income for savvy investor or even new investor. No showings w/out accepted contract.
Offering
Price: $599,900
Cap Rate: 5.78%
No. Unit: 4
Building Size: 3,144 SQ FT
Year Built: 1963
APN: 125-20-040
Financial Summary
| Gross Rental Income | $48,000 |
| Effective Gross Income | $45,600 |
| Total Expenses | $10,918 |
| Net Operating Income | $34,682 |
Unit Mix
| Description | No. Units | Avg. Rent | SQ. FT. |
| 2 Bed 1 Bath | 4 | $1,000 | 786 |
4115 E Moreland St Phoenix Arizona 85008
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