1321 N 48TH Place

Phoenix, AZ 85008

Phoenix, AZ 85008

1321 N 48TH Place

$929,900

MLS#: 6988566

Status: Active

Listing provided by: HomeSmart

Listing agent phone: None

Last update: 13 days ago

On site: 5 months ago

PALOMINO ESTATES - Residential Income

About

This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric, Heat Pump

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Off Street

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $929,900

  • Tax Amount

    $1,184

  • Financing Options

    Conventional, FHA

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Balsz Elementary District

  • Middle School

    Pat Tillman Middle School

  • High School

    Buckeye Union High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    47

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Balsz Elementary District

  • Middle School

    Pat Tillman Middle School

  • High School

    Buckeye Union High School

Listing Courtesy of Monica Coker , HomeSmart

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Kelly Hammer

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1321 N 48TH Place

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