2024 W Cactus Rd Phoenix, AZ 85029

Listing details for 2024 W Cactus Rd, Phoenix, AZ 85029 : This 4-plex is part of a 48 unit complex consisting of 12 individually owned 4-plex buildings. All are two bedroom/one bath. The back units have fenced in patios. Very Large Bedrooms and living area space. Hard to find slump block construction. 100% occupied for solid cash flow from day one**Units are under rented as most tenants have been there a long time -- one has been there for 25 years**Needs updating inside but the potential is there for a great income producing property**The average rent for this 4-plex is $575 while the current going rate for updated units in the complex is $750 and they rent very quickly at that rate**Feel free to drive the complex but Do not disturb tenants -- once contract is in place interior viewing will be arranged**All units are on month to month leases**