10820 N 16TH Avenue, Phoenix, AZ 85029

Turnkey 4 plex will be a Nice Addition to Your Portfolio! All units are 2 Beds & 2 Baths w/ Fireplaces & Rent Quickly! New Roof, New Appliances, New A/C’s & Exterior Repainted! All Appliances are Landlord Owned & Convey with the Property. The HOA covers Big Ticket Items: HOA paid for the New Roof & Paid for the New Exterior Paint & also maintains the Community Pool, Parking Lot & More!

3 of the 4 tenants are month to month. Rents for this building are low in comparison to what the program supports & need to be raised to current levels.
The building is subject to LURA (expires in 2034) & rents have just been increased in the program to a cap of $1346. See attachments. 3 units are in the program & the 4th has no cap on rent!

There’s no Better Value in Phoenix