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4425 N 53rd Ln
Phoenix, AZ 85031
53rd Lane Fourplex · Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.28 AC
Building Size 4,322 SF
Average Occupancy 100%
No. Stories 2
Year Built 1973
Parking Ratio 0.93/1,000 SF
Zoning R-4

ABOUT 4425 N 53RD LN , PHOENIX, AZ 85031

GPCI Multifamily & Land Development is pleased to offer for sale the 53rd Lane Fourplex in Phoenix. This property is fully occupied and features a great mix of 3-bedroom and 2-bedroom units. Units are extremely spacious with an average of 1,080 sq feet! There is room for rent upside as leases expire. Each apartment has a separate enclosed garage and separate washer/dryer hookup. The 3-bedroom unit even has a 2-car garage! In addition, the lower units have private yards and the upper unit has a private balcony. This makes it very attractive for families, especially those with pets - add pet rent for extra income. It is conveniently located close to schools, parks, shopping, and employment. The Maryvale Hospital Complex is only two blocks away. Walmart is only 0.4 miles away. All units are individually metered (electric and gas). The HOA covers trash and landscaping. All have tile floors throughout. This property is a high-return addition to your income portfolio!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 - -
2+2 2 - -
2+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
144-44-061
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,881
  • Listing ID: 14691749

  • Date on Market: 12/21/2018

  • Last Updated:

  • Address: 4425 N 53rd Ln, Phoenix, AZ 85031

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