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About This Home
This 9-bedroom, 0-bathroom residential multi family at 4421 N 53RD Lane in Phoenix, AZ is listed for $614,500. Built in 1973, on a N/A lot.
Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit.
The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking. Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.
Key Features
- Built in 1973
Property Details
Amenities
Monthly Cost Estimate
$3,286/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4421 N 53RD Lane
Phoenix, AZ 85031
PARKWAY VILLAGE
Property Details
Construction
Questions & Answers
This 9-bedroom, 0-bathroom residential multi family at 4421 N 53RD Lane is listed at $614,500. The estimated monthly payment is $2,663 based on 20% down at 6.5% interest.
Key features include: Built in 1973.
This property is listed by Zachary Coty and can be reached at 6025164767 or zcoty@thecotygroup.com.
