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    4041 E Moreland Street

    Phoenix, AZ 85008
    • $839,900
    • STATUS: Active
    • ON SITE: 143 days
    • MLS #: 6142400
    UPDATED: 135 min ago
    $839,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Newly remodeled 4plex with Pandemic proof solid tenants long term guaranteed leases. Excellent return on investment above 7% cap rate. Current inspection report shows good property. Maintenance free property w/ tenant agreement to perform management, maintenance and minor repairs. Brand new shingle roof, dual paned windows, kitchen countertops and much more. 4 Brand New Ac units and duct work for each unit. Washer and dryer hookups in every unit. This is the perfect property for the investor that wants to make a great return without the headaches of being a landlord. All units have big bedrooms, living rooms and yard space. Seller may carry up to 5 years 40% down 9% int rate. Inside Showings after contract. DO NOT DISTURB TENANTS. Research new developments in the area coming soon.

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    © 2021 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 2021-02-27T00:12:47.707.
    www.yosthomes.com/homes/110724617
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    4041 E Moreland Street Phoenix, AZ 85008

    • Price: $839,900
    • Status: Active
    • Updated: 135 min ago
    • MLS #: 6142400
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1970
    Built
    Neighborhood:
    Whispering Sands
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    031 - Balsz Elementary District
    Property Description
    Newly remodeled 4plex with Pandemic proof solid tenants long term guaranteed leases. Excellent return on investment above 7% cap rate. Current inspection report shows good property. Maintenance free property w/ tenant agreement to perform management, maintenance and minor repairs. Brand new shingle roof, dual paned windows, kitchen countertops and much more. 4 Brand New Ac units and duct work for each unit. Washer and dryer hookups in every unit. This is the perfect property for the investor that wants to make a great return without the headaches of being a landlord. All units have big bedrooms, living rooms and yard space. Seller may carry up to 5 years 40% down 9% int rate. Inside Showings after contract. DO NOT DISTURB TENANTS. Research new developments in the area coming soon.
    Exterior Features

    Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Lot Size Dimensions 0 Parking >1 Space Per UnitFreePaved ParkingRv/Boat Parking Roads Asphalt Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 800 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/Range Cooling Central A/CIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating ElectricHeat PumpIndividual

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1350.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 64800.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 630.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 900.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1584.00 Annual Wtr Swr Exp 816.00 Community Amenities No Pool Cross Street 40st And Mcdowell Rd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas None Gross Annual Sch Inc 64800.00 Hoa YN No Net Operating Income 60113.00 New Financing Other (See Remarks)Seller May Carry Operating Exp 4863.00 Other Income 0.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Maricopa - County Taxes 933.00 Tenant Pays Electric Totl Mnth Rntal Inc 5400.00 Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning R4 ?

    Listing courtesy of Haddad Realty.


    © 2021 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 2021-02-27T00:12:47.707.
     
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    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122