2843 Oak St, Phoenix, AZ 85008

3 Unit Apartment Building | $659,999 ($220,000/Unit) | 5.33% Cap Rate | Phoenix, AZ 85008

Asking Price $659,999

Property Type
Multifamily
Square Feet
1,764 SF

Listing Contacts

Aaron Gutierrez
Aaron Gutierrez
Richard Lewis
Richard Lewis
Justin Horwitz
Justin Horwitz
Sean Alderman
Sean Alderman
  • Property Info

Property Overview

2843 E Oak St is a newly renovated 3-unit multifamily property located in the heart of Phoenix. This 1,628 SF property sits on just over 8,000 SF of land, providing 3 covered parking spots. Each unit consists of 1 bed and 1 bathroom, all renovated within the last year. There is an on-site storage unit that has the potential to be turned into a laundry unit. The landscape consists of a mix of desert landscaping and a low-maintenance turf yard. Currently, all three units are occupied, two units at $1,400 and one at $1,440 per month, respectively. Each unit is separately metered for the landlord's convenience and includes a shared outdoor area.

Property Details

Year Built/Renovated
1957/2023
Stories
1
Lot Size (sq. ft)
7,841 SF
Units
3

Highlights

  • 1,764 SF, 3-Unit Multifamily Property
  • Completely updated interior
  • Desirable Phoenix, AZ Location
  • Spacious and Versatile Floor Plan
  • Attractive Curb Appeal
  • Outdoor Spaces for Each Unit

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