4832 & 4838 W Willetta St, Phoenix, AZ

Multi-family for Sale - $1,650,000 - 3,978 Sq. Ft. on 0.4 acres


Agent Info

Joe Binder
Binder CRE

Property Info

CIMLS#1117970
Location
  4832 & 4838 W Willetta St
  Phoenix AZ 85008
UpdatedOctober 21st, 2022
TypeMulti-family
Price$1,650,000
Building3,978 Sq. Ft.
Land0.4 acres

Property Description

Palomino Estates - 2 Property Sale

4832 & 4838 E Willetta St, Phoenix AZ 85008

Single Level Multi-family

OPPORTUNITY HIGHLIGHTS

- Prime value-add opportunity

- Busy workforce house area

- Cash flow can be maintained while up-marketing each unit

- Lease comps are significantly higher than current rent roll

- 2 triplexes, 3 units each,

- Total of Two 2BD,1BA units, Four 1BD, 1BA

- Covered parking in rear

- Grass courtyard with trees

- High demand area

- Block Construction

Ask: $1,650,000

Occupancy: 100%

Ask per unit: $275,000

Total Available: 6 Units

Lot Size: 0.4 AC Combined / 17,519 sf combined

Parking: 6 Covered Spots in Rear + On-Street Parking

APN(s): 125-13-050C, 125-13-051A

Year Built / Renovated: 1960

Zoning: Phoenix R-3, Multifamily Residence District


Financials

For the Offering Memorandum please contact:

Joe Binder

President / Designated Broker

Binder CRE

480-867-6160

www.BinderCRE.com

joe.binder@BinderCRE.com