For Sale
For Sale
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Year Built
1953
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Total Building Size
4,792 RSF
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Overview
Two side by side value-add triplexes for a total of 6 units located in the North Encanto neighborhood of Phoenix, Arizona. Living in Encanto offers residents an urban-suburban mix feel and most residents rent their homes. In Encanto, there are restaurants, coffee shops, and parks that are abundant in the area. Many families and young professionals live in Encanto. With very few downsides in the area, it is adequately supplied with all of the elements that make a city liveable. This property offers investors a potential upside bringing under market rental rates to current market stabilization.
Property Details
Two side by side value-add triplexes for a total of 6 units located in the North Encanto neighborhood of Phoenix, Arizona. Living in Encanto offers residents an urban-suburban mix feel and most residents rent their homes. In Encanto, there are restaurants, coffee shops, and parks that are abundant in the area. Many families and young professionals live in Encanto. With very few downsides in the area, it is adequately supplied with all of the elements that make a city liveable. This property offers investors a potential upside bringing under market rental rates to current market stabilization.
- Property TypeMulti-Family
- Submarket
- Year Built1953
- Sale Price$960,000
- Total Building Size4,792RSF
- Total Acres0.36
- Property ID2155698