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Browse More Listings in Multifamily For Sale, Phoenix, AZ or Arizona

Multifamily Property For Sale

Great Owner-Occupant 4-plex!

3301 W. Harmont Drive, Phoenix, AZ 85051

Price:
$145,000
No. Units:
4
Building Size:
3,900 SF
Price/Unit:
$36,250
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Distressed:
Yes
Commission Split:
2.8%
Cap Rate:
9.49%
No. Stories:
2
Year Built:
1974
Lot Size:
8,760 SF
Find Out More...

Last Verified 11/20/2009 Listing ID 16158173

Highlights

Priced Well Below Market
Possible Owner Occupant
Positive Cash Flow Investment

Great Cap Rate
Recent $25K Price Reduction

Description

RECENTLY REDUCED FOR QUICK SALE! Well Maintained large 4 plex on large corner lot. 3 Large 2 bed 1 bath units and 1 3 bed 2 bath owners suite. MANY recent capital improvements. Great possible owner occupant 4 plex OR positve cash flow investment. HOA takes care of exterior landscaping and pool maintenance. Great North Phoenix location close to freeway access and shopping. Buyer to verify all facts and figures.
This is a short sale, subject to Lender approval.

Great North Phoenix area. Location is close to major freeway/highways with easy access to shopping and major retail.

Financial Summary

Unit Mix Information

Actual
Year
2008
Scheduled Gross Income
$28,188
Operating Expenses
$8,902
Net Operating Income
$18,980

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
Three Bedroom Unit	1	$850	1,200
Two Bedroom Unit	3	$600	900

Map of 3301 W. Harmont Drive, Phoenix, AZ 85051 (Maricopa County)

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Presented by

REMAX Professionals

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Contact Listing Broker

Jason Campagna (623) 512-8783

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Created 3/22/2009

Additional Information for 3301 W Harmont Drive, Phoenix, AZ 85051

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Great Owner-Occupant 4-plex!

3301 W. Harmont Drive, Phoenix, AZ, 85051