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$1,495,000
0 Baths 6753569 MLS
8-unit property fully leased to a reputable sober living company. NNN Lease: Tenant covers all property expenses (taxes, insurance, maintenance). Total Renovations: Over $200,000 invested in upgrades. New Bathrooms with tile showers - $50,000. Updated Flooring throughout - $40,000. New Appliances installed - $10,000. Fresh Interior & Exterior Paint - $35,000. Enhanced Security: Steel fence, new doors, and surveillance cameras - $40,000. Recent HVAC & Hot Water Heater Upgrades - $34,000. Stable Income: Long-term lease provides predictable cash flow with minimal management. Disclaimer: Verify all financials and lease terms independently. ### Investment Opportunity: Fully Leased 8-Unit Property in Phoenix, AZ **Location**: 801 E Dunlap Ave, Phoenix, AZ **Overview:** This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities. **NNN Lease Structure Explained:** The property operates under a Triple Net (NNN) lease, where the tenant assumes responsibility for all property expenses including taxes, insurance, and maintenance costs. This ensures predictable cash flow for the investor without the typical day-to-day management hassles. **Property Highlights:** - **Recent Renovations:** Over $200,000 in recent upgrades including: - New bathrooms featuring tile showers ($50,000) - Updated flooring throughout ($40,000) - New or replaced appliances ($10,000) - Fresh interior and exterior paint ($35,000) - Modern kitchen upgrades including new cabinets ($10,000) - Enhanced security with a steel fence and new exterior doors ($10,000) - Upgraded finishes and lighting fixtures ($1,500) - Improved laundry facilities ($2,000) - Installation of surveillance cameras for added security ($22,000, operational status verified) - Updated hot water heaters and AC units installed within the last 5 years ($34,000) **Financial Overview:** - **Lease Terms:** Long-term master lease with a reputable sober living company covering 100% of expenses. - **Income Stability:** Predictable rental income with all expenses paid by the tenant, offering a hassle-free investment opportunity. - **Capital Expenditures:** Recent renovations ensure reduced maintenance costs and increased tenant satisfaction, enhancing property value and marketability. **Investment Considerations:** This property represents an attractive opportunity for investors seeking stable cash flow and minimal management involvement. With a strong lease in place and recent capital improvements, it stands as a secure investment in the vibrant Phoenix real estate market. *Disclaimer: Buyers are encouraged to verify all financial figures and lease terms independently.* This marketing piece emphasizes the property's attractive investment potential, highlighting the NNN lease structure, recent renovations, and the stable income stream from a long-term tenant.

801 E Dunlap Avenue, Phoenix

$895,000
0 Baths 6751740 MLS
Stunning Duplex in highly sought after central corridor... seller renovated entire units immediately after close of escrow and spared no expenses from wood like tile, to all stainless steel appliances, duel pane low e windows, brand new kitchen cabinetry, all led recessed lighting, quartz counter tops, open concept living, fully remodeled bathrooms, walk in showers, cabinetry, literally no expense was expired when bringing this deal to life, interior two tone paint, 4 inch upgrade baseboards all new ceiling fans with remotes for comfort, front loading washer and dryers in the exterior laundry room under Neath the covered and highly secured fully fenced in yard, along with the two tone exterior paints along with black shutters to give character and curb appeal.. professionally land scaped yard, that is upkept weekly and paid for buy landlord, This place is truly and investors dream deal and ready to rent roll immediately.. the location of having frontage street facing 7th avenue yet being further back enough to not experience the traffic noises according to all tenants who've occupied the place and typically stay for years at a time.. make it a marketing machine when it comes to acquiring tenants.. if your interested in more information contact the listing agent Steve hes helped several tentants rent the places, has all the inform rehgarding the amoutn of calls and activitiviy acquired while units where on market and can attest to the activivity it generates.. Ownerships was content with rents where they were.. However we have discussed upgrading a few things interior wise and pushing the rents to $2300-$2500 which if familiar with the area and the fact that this property has the privacy and yard space that it does, i think without a question it would have rented for that amount very easily... so bring your investors or buyers who may prefer to live in one unit while renting out the other enjoying the benefits afforded to those who happen to own investments units while resided in one side IYKYK. Steven Barry is happy to assist with any questions or concerns anytime . serious inquiries only please. All the best!

5230 N 7th Avenue, Phoenix

$1,475,000
0 Baths 6749873 MLS
**Overview:** This meticulously upgraded 8-unit apartment complex offers a unique investment opportunity or a versatile property for various uses. The building features a comprehensive renovation and several high-quality enhancements, positioned in a competitive rental market. **Unit Mix:** - **6 Units:** 1-bedroom apartments - **2 Units:** 2-bedroom, 1-bath apartments - **1 Office Unit:** This is one of the units. Currently used as an office space with a remodeled bathroom. The seller is willing to convert this unit into to a one bedroom apartment if requested prior to the close of escrow. SEE Supplement **Renovations & Upgrades:** - **Apartment Upgrades (Rehabbed in 2024):** - **Units 1-7:** Thoughtful updates include new flooring and completely remodeled bathrooms. **Apartment 1** features the most extensive renovations, including full wall and flooring replacements. - **Bathrooms:** All bathrooms have been remodeled with new flooring, plumbing, toilets, showers, tiling, and cabinets. Each renovation cost approximately $12,000 per apartment. - **Office/Storage Space (Purple Door):** - **Building Addition:** Added for approximately $100,000, this versatile space can be used for office purposes or additional storage. - **Exterior Enhancements:** - **Brick Patio:** Installed in 2019 at a cost of $15,000, featuring TV and power outlets for enhanced tenant enjoyment. - **Security Gate:** Added in 2015 for $5,000, providing additional security. - **New Brick Wall:** A $5,000 investment for added privacy and security between the property and 801 E Dunlap. - **New Mailboxes and Stand:** Installed in August 2024 for $500, providing a fresh and organized mail solution. **Property Features:** - **Laundry Room:** Convenient on-site laundry facility. - **Storage Units:** Two storage units are included with the property. - **Tenant Amenities:** All units come equipped with microwaves, refrigerators, and stoves. - **Gated Property:** Added security and privacy for residents. - **Vacant Property:** Currently vacant to allow for diverse use options, such as a sobriety house or rental for cash flow. **Investment Potential:** With recent extensive renovations and a range of enhancements, this property is ideal for a variety of uses. Its current vacancy allows for flexible applications, whether for immediate rental income or specialized uses. **Buyer Information:** - **Note:** Buyers must confirm all facts and figures to ensure accuracy.

8939 N 8th Street, Phoenix

$1,595,000
0 Baths 6748483 MLS
**Investment Opportunity: Harvard - Prime Garden-Style Property** Discover an exceptional investment opportunity with this meticulously maintained garden-style property located at 1753 to1757 E Harvard. This unique offering consists of 8 units spread across two contiguous fourplexes, strategically positioned on separate parcels. This configuration not only enhances the property's versatility but also allows for the flexibility of residential financing, making it an attractive option for investors who are looking to diversify their portfolio with a stable and reliable income stream. *Property Highlights:** - **Year Built:** Constructed in 1984, this property boasts solid construction and a timeless design that appeals to a wide range of tenants. The thoughtful layout and quality materials used in its construction contribute to the property's longevity and ease of maintenance. - **Unit Composition:** The property is fully occupied with 2-bedroom, 1-bath units, each featuring an additional office space or study room. This added feature is particularly appealing to professionals working from home, students, or families needing extra space, thus increasing tenant retention and reducing vacancy rates. - **Exterior Features:** Each unit includes a generously sized front patio area, providing residents with private outdoor space ideal for relaxation or entertaining. The property also features expansive backyard areas that offer additional space for outdoor activities, gardening, or potential future development. Ample front parking ensures convenience for tenants and their guests, adding to the overall appeal of the property. - **Utilities:** Each unit is individually metered for electricity, allowing tenants to manage their own utility usage. This setup not only simplifies management responsibilities but also reduces operating expenses for the owner. - **Additional Income Potential:** The property includes owner-operated laundry facilities in each building, providing a steady additional revenue stream. Each unit is also equipped with its own storage room, offering tenants extra storage space, which is a highly desirable amenity that can justify higher rental rates. **Value-Add Opportunity:** For investors looking to increase the property's income potential, there is a light value-add opportunity available. By modernizing the interiors through selective remodels, such as upgrading kitchen and bathroom fixtures, flooring, and lighting, the property's rental appeal could be significantly enhanced. These improvements could justify rent increases, leading to a higher return on investment over time. **Prime Location Benefits:** - **Close Proximity to Phoenix Children's Hospital:** The property's location near Phoenix Children's Hospital makes it an ideal choice for families seeking convenient access to top-tier pediatric care. This proximity ensures a steady demand for rental units from medical professionals, hospital staff, and families with children receiving treatment. - **Nearby Amenities:** The property is situated just minutes away from prestigious amenities like the Phoenix Country Club and Coronado Park. Residents can enjoy leisurely rounds of golf, engaging community events, and recreational activities in one of Phoenix's most beloved green spaces. The vibrant Downtown Phoenix area, with its eclectic mix of dining, shopping, and cultural attractions, is also within easy reach, offering residents a dynamic urban lifestyle. - **Transportation Access:** Commuters will appreciate the property's easy access to the Route 51 Freeway, facilitating convenient travel throughout the Phoenix metropolitan area. Additionally, Phoenix Sky Harbor International Airport is just a short drive away, making it ideal for tenants who travel frequently for business or pleasure. **Investment Appeal:** This garden-style property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. The opportunity to increase rental income through strategic renovations adds further value, making this property a prudent choice for investors looking to expand their real estate portfolio with a well-positioned, income-generating asset. **Please Note:** Buyers are advised to verify all facts and figures to ensure accuracy. Seller financing is not available for this property. Interior inspections will be conducted only after an accepted contract, to respect the privacy and comfort of the tenants. Interested parties are encouraged to drive by the property, but please do not disturb the tenants.

1753-1757 E Harvard Street, Phoenix

$795,000
0 Baths 6748449 MLS
**Investment Opportunity: 1757 E Harvard - Prime Garden-Style Property** Discover an exceptional investment opportunity with this meticulously maintained garden-style property located at 1757 E Harvard. This unique offering consists of 8 units spread across two contiguous fourplexes, each strategically positioned on separate parcels. This configuration not only enhances the property's versatility but also allows for the flexibility of residential financing per fourplex, making it an attractive option for investors who are looking to diversify their portfolio with a stable and reliable income stream. **Property Highlights:** - **Year Built:** Constructed in 1984, this property boasts solid construction and a timeless design that appeals to a wide range of tenants. The tho Discover an exceptional investment opportunity with this meticulously maintained garden-style property located at 1757 E Harvard. This unique offering consists of 8 units spread across two contiguous fourplexes, each strategically positioned on separate parcels. This configuration not only enhances the property's versatility but also allows for the flexibility of residential financing per fourplex, making it an attractive option for investors who are looking to diversify their portfolio with a stable and reliable income stream. **Property Highlights:** - **Year Built:** Constructed in 1984, this property boasts solid construction and a timeless design that appeals to a wide range of tenants. The thoughtful layout and quality materials used in its construction contribute to the property's longevity and ease of maintenance. - **Unit Composition:** The property is fully occupied with 2-bedroom, 1-bath units, each featuring an additional office space or study room. This added feature is particularly appealing to professionals working from home, students, or families needing extra space, thus increasing tenant retention and reducing vacancy rates. - **Exterior Features:** Each unit includes a generously sized front patio area, providing residents with private outdoor space ideal for relaxation or entertaining. The property also features expansive backyard areas that offer additional space for outdoor activities, gardening, or potential future development. Ample front parking ensures convenience for tenants and their guests, adding to the overall appeal of the property. - **Utilities:** Each unit is individually metered for electricity, allowing tenants to manage their own utility usage. This setup not only simplifies management responsibilities but also reduces operating expenses for the owner. - **Additional Income Potential:** The property includes owner-operated laundry facilities in each building, providing a steady additional revenue stream. Each unit is also equipped with its own storage room, offering tenants extra storage space, which is a highly desirable amenity that can justify higher rental rates. **Value-Add Opportunity:** For investors looking to increase the property's income potential, there is a light value-add opportunity available. By modernizing the interiors through selective remodels, such as upgrading kitchen and bathroom fixtures, flooring, and lighting, the property's rental appeal could be significantly enhanced. These improvements could justify rent increases, leading to a higher return on investment over time. **Prime Location Benefits:** - **Close Proximity to Phoenix Children's Hospital:** The property's location near Phoenix Children's Hospital makes it an ideal choice for families seeking convenient access to top-tier pediatric care. This proximity ensures a steady demand for rental units from medical professionals, hospital staff, and families with children receiving treatment. - **Nearby Amenities:** The property is situated just minutes away from prestigious amenities like the Phoenix Country Club and Coronado Park. Residents can enjoy leisurely rounds of golf, engaging community events, and recreational activities in one of Phoenix's most beloved green spaces. The vibrant Downtown Phoenix area, with its eclectic mix of dining, shopping, and cultural attractions, is also within easy reach, offering residents a dynamic urban lifestyle. - **Transportation Access:** Commuters will appreciate the property's easy access to the Route 51 Freeway, facilitating convenient travel throughout the Phoenix metropolitan area. Additionally, Phoenix Sky Harbor International Airport is just a short drive away, making it ideal for tenants who travel frequently for business or pleasure. **Investment Appeal:** This garden-style property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. The opportunity to increase rental income through strategic renovations adds further value, making this property a prudent choice for investors looking to expand their real estate portfolio with a well-positioned, income-generating asset. **Please Note:** Buyers are advised to verify all facts and figures to ensure accuracy. Seller financing is not available for this property. Interior inspections will be conducted only after an accepted contract, to respect the privacy and comfort of the tenants. Interested parties are encouraged to drive by the property, but please do not disturb the tenants.

1757 E Harvard Street, Phoenix

$795,000
0 Baths 6748111 MLS
Discover an exceptional investment opportunity with this well-maintained garden-style property at 1753 E Harvard, featuring a total of 8 units across two contiguous fourplexes, each on separate parcels. Priced per fourplex, this offering qualifies for residential financing, making it a prime choice for savvy investors looking to capitalize on a stable income stream. **Property Highlights:** - **Year Built:** 1984 - **Unit Composition:** 100% 2-bedroom / 1-bath units, each with an additional office space/study room. - **Exterior Features:** Each unit includes large front patio areas, open backyard spaces, and ample front parking. - **Utilities:** Individually metered for electricity. - **Additional Income Potential:** Owner-operated laundry facilities in each building and storage Discover an exceptional investment opportunity with this well-maintained garden-style property at 1753 E Harvard, featuring a total of 8 units across two contiguous fourplexes, each on separate parcels. Priced per fourplex, this offering qualifies for residential financing, making it a prime choice for savvy investors looking to capitalize on a stable income stream. **Property Highlights:** - **Year Built:** 1984 - **Unit Composition:** 100% 2-bedroom / 1-bath units, each with an additional office space/study room. - **Exterior Features:** Each unit includes large front patio areas, open backyard spaces, and ample front parking. - **Utilities:** Individually metered for electricity. - **Additional Income Potential:** Owner-operated laundry facilities in each building and storage rooms for each unit. **Value-Add Opportunity:** The property presents a light value-add opportunity through interior remodels, which could enhance tenant appeal and increase rental income. **Prime Location Benefits:** - **Close Proximity to Phoenix Children's Hospital:** Perfect for families seeking convenient access to top-notch pediatric care. - **Nearby Amenities:** Minutes away from Phoenix Country Club, Coronado Park, and vibrant Downtown Phoenix. - **Transportation Access:** Easy access to Route 51 Freeway and Phoenix Sky Harbor International Airport. This garden-style property not only offers a solid investment with its attractive unit mix and valuable features but also provides extra income potential through the owner-operated laundry facilities. With its prime location and opportunities for value enhancement, this property is an ideal addition to any real estate portfolio. **Please Note:** Buyers are advised to verify all facts and figures. Seller financing is not available. Interior inspections will be conducted on accepted contracts only. Please drive by only and do not disturb tenants.

1753 E Harvard Street, Phoenix

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