Description
One of a kind Historic Oakland charmer! Located within walking distance to the Grand Avenue of the Arts district, the light rail and Downtown Phoenix. Rising rents and max cap rates in this growing area where there is a lot of investor development. Long term renters in place. Most of the units have had upgrades within the last 3 years, including tiled showers, some new flooring, redone cabinets, new paint, some new counters and fixtures. 2 tankless gas hot water heating systems in place. Individually metered for APS! Unit mix including 2bd/1 bath unit with w/d hookup, two 1bd/1bath and one studio. Pictures are pre-occupation as units have been occupied. One lease in place and the rest of the tenants are MTM. New investor has room to increase cap!!
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
Description
One of a kind Historic Oakland charmer! Located within walking distance to the Grand Avenue of the Arts district, the light rail and Downtown Phoenix. Rising rents and max cap rates in this growing area where there is a lot of investor development. Long term renters in place. Most of the units have had upgrades within the last 3 years, including tiled showers, some new flooring, redone cabinets, new paint, some new counters and fixtures. 2 tankless gas hot water heating systems in place. Individually metered for APS! Unit mix including 2bd/1 bath unit with w/d hookup, two 1bd/1bath and one studio. Pictures are pre-occupation as units have been occupied. One lease in place and the rest of the tenants are MTM. New investor has room to increase cap!!
© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-06-25T12:14:50.727.