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2245 N 28TH Street, Phoenix, AZ 85008
$899,900























Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$899,900
Last Modified:
3/03/2025
Description
Fantastic Investment Opportunity: 4-Unit Multi-Family Property with Strong Income Potential.This well-maintained 4-unit building is a prime investment opportunity in a highly desirable location. Comprising two spacious 2-bedroom, 1-bath units, and two cozy 1-bedroom, 1-bath units, this property offers a mix of rental options to appeal to a wide range of tenants.Each unit is thoughtfully designed with comfortable living spaces, bright interiors, and ample storage. The two 2-bedroom units are ideal for small families or roommates, while the 1-bedroom units provide a great option for individuals or couples seeking a more affordable living space. With strong rental demand in the area, this property is perfect for generating consistent cash flow.The building features Two 2-bedroom, 1-bath unit
Supplements: with generous floor plan Two 1-bedroom, 1-bath units with cozy layouts. On-site parking for tenants. Well-maintained exterior and common areas. Close proximity to schools, shopping, restaurants, and public transportation.This is an excellent opportunity for investors seeking a solid, income-producing asset with the potential for long-term appreciation. With a mix of unit sizes and a location that appeals to a variety of tenants, this property offers both stability and growth potential.
More Information MLS# 6829230
Contract Info
Current Price: $899,900
List Price: $899,900
Status: Active
List Date: 2025-03-03
Ownership: Fee Simple
Location Tax Legal
House Number: 2245
Compass: N
Street Name: 28TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2839
Country: USA
County Code: Maricopa
Subdivision: SANDIGE SQUARE
Assessor Number: 120-26-001
Tax Year: 2024
General Property Description
Lot Size Dimensions: 7797
Year Built: 1962
Total # of Units: 4
# of Buildings: 1
Zoning: R-5
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 28th street and Oak
Directions: Units are on the South East corner of Oak and 28th street
Geo Lat: 33.4729
Geo Lon: -112.021257
Status Change Info
Status Change Date: 2025-03-03
Legal Info
Township: 2N
Range: 3E
Section: 35
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 0.05
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1300
Avg SqFt: 750
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 1200
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Amenities: Other
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range; Refrigerator
Cooling: Ceiling Fan(s); Electric
Water: Master Meter
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: Carport
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electric; Gas; Trash
Source of Fincl Data: Provided by Owner
Lockbox Type: None
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: HomeSmart
Last Updated: March - 03 - 2025
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