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Address: 1221 E. Hatcher Rd.
Square Feet: 2,848 total
Bedrooms: 2 each
Bathrooms: 1 each
CLOSE OF ESCROW: May 31st, 2019.
- 2 Beds, 1 bath each unit.
- Tenants will be out June 30th, 2019. $5k Post-possession in place.
- Great North Phoenix neighborhood with some higher values surrounding.
- Courtyard between the units.
- Shared laundry outside, but room in each of the units to put stacked units.
- Property is well maintained, and pretty clean on the inside & structurally.
- 2 of the Ac units are about 5-6 yrs old. 3rd unit is swamp cooler only.
- Roof is 15yrs old, in good condition, but the flat roof section may need a new layer soon.
How to Maximize ARV:
- AC on 3rd Unit.
- General freshening up inside and out.
- 9607 N. 16th St. – $350k – Triplex. 2/1 units. Seems to be in Average Condition.
- 9835 N. 16th St. – $275k – Duplex. 2/1 & 1/1 units. Decent Condition.
- 1226 E Purdue Ave. – $232k – Duplex. 2/1 & 3/1 units. Good Condition.
- 9107 N 13TH ST – Active @ $359k – Triplex, 2/1 units. Exterior remodeled, clean, but dated.
(Click any photo to open full-sized gallery)