412 N 17th Drive Phoenix, AZ 85007

Sold! $698,000 to a 1031/cash buyer on 7/15/2021. 4 unit in the sought after Oakland Historic District near State of AZ government buildings in heart of Downtown Phoenix. Cosmetically upgraded & stabilized. 6 CAP +/- with close to $5,000/month of rental/additional income! 100% occupied, excellent tenants. Well-managed/operated by local owner. Perfect handoff to new owner. Two duplex buildings on a 8700 SF lot. Front building is 1227 SF (two 1/1's @ 614 SF), built in 1958. Rear building is 1431 SF (one 1/1 @ 614 SF w/ 2/1 @ 817 SF), built in 1962. Upgraded in all of the right places. Tenant paid electric. Owner paid w/s/t. Rents, w/s, yard #'s actual. Other expenses approximate.