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1018 E POLK Street Phoenix, AZ 85006

  • 4 No. of Units
  • lot size area: 6875
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MultiFamily-Pending $ 350,000

MLS#: 5806044

Courtesy of: Monte Vista Realty

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Description

EXCELLENT CASH FLOWING OPPORTUNITY FOR INVESTORS within the booming Garfield Historic District! Property has a great CAP rate, even though existing rents are well below market rates in this Prime hot location in the heart of this vibrant community. Buy and hold for future development (vacant lot next door), owner occupy, or raise all existing rents for a great ROI. Easy access to all the downtown buzz with views of the central skyline from property. Walk up the street to Welcome Diner, Gallo Blanco and other hip local shops. This unique multiple dwelling property consists of a large 3 bedroom/2 bath home on the rear of property and a Triplex two story building on front of property with private parking lot. All units have individual meters. Home in the rear of property is on a 6-month lease

Specifications


    Location, Tax & Legal


  • 1658
  • Garfield Historic Distric

    General Property Description


  • 001 - Phoenix Elementary District
  • 210 - Phoenix Union High School District

    Legal Info


  • 3E
  • 4
  • 2
  • 5

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