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2302 E MICHIGAN Avenue, Phoenix, Arizona

$349,000Contract Pending

2302 E MICHIGAN Avenue, Phoenix, Arizona 85022
Rattler Realty, LLC - MLS® ID: 5643093

Property Details

2302 E MICHIGAN Avenue, Phoenix, Arizona 85022 - Rare opportunity to invest in a high profit-generating, hard-to-find, stand alone fourplex in North Phoenix. Area is experiencing tremendous growth (Starbucks, Costco, Panda Express, etc). All four units are 1 bed/1 bath and current rents are over $600 per month. Buyer can leave as is and collect rent OR qualify for an FHA loan and live in one unit while collecting rent from other three units. Essentially being paid to live for free. Property has 2 units per building, entirely fenced with gated access for security and privacy. Low maintenance landscaping and fresh paint/surfaced parking lot. All units have granite counter tops in kitchen, fresh paint, and tile floors.100% Tenant occupied. **Do not disturb tenants.** Drive by only. No sign. Viewing after accepted offer.

Amenities

  • Zip85022
  • CountyMaricopa
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeMulti-Family
  • Zoning typeR3
  • School districtParadise Valley Unified District
  • Elementary schoolEcho Mountain Primary School
  • Junior highVista Verde Middle School
  • High schoolNorth Canyon High School
  • Year built1983
  • Lot size7722
  • SewerSewer - Public
  • HeatingHeat Pump
  • CoolingIndividual
  • ParkingStreet Parking
  • Tax amount$1,244.00
  • Office IDratt01
  • Agent IDmv431
  • Agent nameMichael E Vallee
  • MLS® ID5643093

Broker: Rattler Realty, LLC

Listing Courtesy of Rattler Realty, LLC

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“No words that could ever convey my appreciation for your dedication to my child. Have spent the last three days moving the kids into their new home! We are all exhausted, but in a wonderful way. The first night Bela spent there he sent me a text that said “Out swimming in my own pool. Victory!” As parents I’m sure both of you can understand the joy that filled my heart with that text. The first house Bela’s dad and I ever bought was 3 bdrm/1 bath/900sq ft/ and I raised three kids there!!! The “Bales” (as we call them) are starting out at almost 2400 sq feet with a mother in law suite and 3 other bedrooms and bathrooms! Crazy, but wonderful. There are just no words that could ever convey my appreciation for your dedication to my child. (and the crazy redhead)? Tired, exhausted, and sore, but loving you all the while. And I know I speak for everyone. Can’t wait for the housewarming!!! YOU GUYS ROCK!!!!!”

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