2036 W Cactus Road Phoenix, AZ 85029
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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMaricopa
- Taxes$1,725
- HOA/Condo/Coop Fees$0
- Days on Site18 Days
- MLS StatusActive
- MLS ID Number6695476
- Home Size Source N/A
- Year Built1963
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Block
- Parking Add'l Parking Avail1 Space/ Unit
- Parking Spaces 4
- Sewer Public Sewer
- Acreage 0
- Cross Street 19th Ave. & Cactus
- Attached Garage No
- Zoning R-3
Interior Features
- Cooling Central A/ CIndividualHeat PumpElectricCeiling Fan(s)
- Heating IndividualHeat PumpElectric
- Appliances F/ S Oven/ Range
- Flooring Ceramic TileVinyl
Exterior Features
- Roof Foam
Community Features
- Township 3N
- Community Features See Remarks