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2341 W Tonto Street,  Phoenix, AZ 85009

$160,000
|
|
MLS# 5493663
Status: Active
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12/8/2016 2:11 PM
Property Description
Great opportunity to own a cash flow rental property. Current CAP rate at 10%. Six units all remodeled in 2004. Remodel included stucco, drywall, cabinets and flooring. Property has 4 studios, 1 1bedroom and, 1 2bedroom. Great rent value for the area and low maintenance with all remodeled units. All leases month to month. Potential for updating and increased rent to raise CAP rate.4 Studios currently leased at $390/mo. 1 1bedroom currently leased at $420/mo. 1 2bedroom currently leased at $440/mo.
Listing Information for 2341 W Tonto Street Phoenix, AZ 85009
Property Type: Multi-Family, 1 Story
1946 1
City
Public Sewer
School Information for 2341 W Tonto Street Phoenix, AZ 85009
Room Information for 2341 W Tonto Street Phoenix, AZ 85009
Interior Features for 2341 W Tonto Street Phoenix, AZ 85009
Window/Wall Unit
Electric Heating
Exterior / Lot Features for 2341 W Tonto Street Phoenix, AZ 85009
Other Parking
None
50x124.89
Alley, Dirt Road, Asphalt
Community Features for 2341 W Tonto Street Phoenix, AZ 85009
Driving Directions to 2341 W Tonto Street Phoenix, AZ 85009
North on 24th Av to Tonto. East on Tonto to subject.
Financial Considerations for 2341 W Tonto Street Phoenix, AZ 85009
92.00
$487
2015
Listing Price History for MLS#: 5493663

Phoenix AZ Real Estate and Phoenix AZ Homes for Sale

Phoenix is located in the state of Arizona. The zip code of 85009 has a population of 1,462,368. The median age of people living in Phoenix, AZ 85009, is 32.2 years.

Click on the tabs below to see more details for the 85009 zip code in Phoenix, Arizona.

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Courtesy: My Home Group Real Estate, LLC
Information deemed reliable but not guaranteed. Copyright 2016 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
Information is deemed reliable but is not guaranteed.

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