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  • Price$679,000
  • Built1963

2036 W Cactus Road, Phoenix

A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. 3 of the units have been extensively remodeled with new flooring, new kitchen cabinets, counters and appliances, new vanities, tubs and toilets, popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owned 4 plex buildings. Units C and D have private fenced yards. Roof was new in 2018. Unit A - new A/C in 2023. Unit D - new A/C in 2021. Unit C - new A/C in 2020. 100% occupied at below market rates. Market rents indicate a $1250-$1350 per month rate is possible, making the CAP rate a terrific 7%+. Community laundry. NO HOA!

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Essential Information

  • MLS® #6695476
  • Price$679,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1963
  • TypeMultiple Dwellings
  • StatusActive

Amenities

  • AmenitiesSee Remarks
  • Parking Spaces4
  • ParkingAdd'l Parking Avail, 1 Space/Unit

Exterior

  • RoofFoam
  • ConstructionSiding, Painted, Block

Additional Information

  • ZoningR-3

Community Information

  • Address2036 W Cactus Road
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85029

Interior

  • AppliancesF/S Oven/Range
  • HeatingIndividual, Heat Pump, Electric
  • CoolingCentral A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)

School Information

  • DistrictGlendale Union High School District

Listing Details

  • Listing OfficeMcMath Realty LLC
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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than West USA Realty. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 12th, 2024 at 3:15am MST.