3301 W HARMONT Drive new

Phoenix,AZ 85051

$ 879000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Northern Lanai Unit 1

MLS Listing ID 6802584

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1974

Annual Tax Amount $2,223

Tax Year 2024

Lot Dimensions 8,760 sq ft

Property Description

Looking for a solid cash-flowing asset in Phoenix? This 4-plex is a must-see! Currently generating $4,000 per month in gross rental income from three fully-occupied units, this property offers a fantastic opportunity for investors looking to maximize returns.

But that's not all - there's huge potential for value-add! The fourth unit is available for house hacking, either by living in it yourself or renting it out for even more income. With the possibility of grossing $5,700 per month once the fourth unit is rented, this property is primed for cash flow expansion.

Location

State AZ

County Maricopa

Community Northern Lanai Unit 1

Interior

Heating Electric

Cooling Central A/C

Flooring Ceramic Tile,Vinyl

Appliance Microwave

Exterior

Community Features Other

Roof Type Composition

Total Parking Spaces 6

Garage Yes

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 150-09-881

Acceptable Financing Conventional,FHA,VA Loan

Listing Terms Conventional,FHA,VA Loan

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