Ignite FB Tracking Pixel1905 W Village Drive, Phoenix, AZ 85023 - Ami González
Realty One Group
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listing
1 of 14
MultifamilyFor Sale
$740,000
1905 W Village Drive
Phoenix, AZ 85023
Listed by: Marcus & Millichap, (480) 717-7002
MLS: Arizona Regional MLS
Est. Mortgage
$3,920/mo

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.

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Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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