1905 W Village Drive Phoenix, AZ 85023
Exceptional fourplex in a prime location with zero turnover in over five years. This well-maintained asset features three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Situated within the North I-17 employment corridor, the area boasts over 95, 000 jobs within a 5-mile radius of the property. The roof was replaced in 2020 and comes with a 10-year warranty, while the parking lot was repaved in 2022. Long-term tenants enjoy the large yard & maintain the property, resulting in minimal expenses for the owner. The owner covers water and electricity for security and laundry, while tenants are responsible for their own electric bills. This presents a value-add opportunity with immediate upside potential, as current rents are below market and on a month-to-month basis.
- Property TypeMulti-Family
- NeighborhoodVillage Meadow
- CountyMaricopa
- Taxes$1,455
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID Number6732203
- Home Size Source N/A
- Year Built1970
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick VeneerBlock
- Parking Paved ParkingAdd'l Parking Avail>1 Space Per Unit1 Space/ Unit
- Parking Spaces 9
- Sewer Public Sewer
- Acreage 0
- Cross Street Bell Road & 19th Avenue
- Attached Garage No
- Zoning R-3
Interior Features
- Cooling ElectricCeiling Fan(s)
- Heating Electric
- Appliances B I Oven/ RangeMicrowaveWasher/ Dryer
- Flooring OtherCeramic Tile
Exterior Features
- Roof See RemarksBuilt- Up
Community Features
- Township 4N
- Community Features No Pool