2522 W Palo Verde Drive, Phoenix, AZ 85017
- $424,900
- 8
- BD
- 4
- BA
- List Price
- $424,900
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 302
- MLS#
- 6946557
- Subtype
- Multiple Dwellings
- Year Built
- 1959
- Bedrooms
- 8
- Bathrooms
- 4
- Subdivision
- Bethany Main
Property Description
4-Plex Investment Opportunity! Discover this incredible value-add multifamily property featuring four 2-bed, 1-bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017. Two units (2522 B & 2528 B) are currently rented at $840 and $780 per month, providing immediate income. The remaining two units are vacant and ready for renovation, offering great upside potential for increased rents or resale value. Located near GCU and major transportation routes, this property is perfect for investors seeking strong cash-flow potential in a high-demand rental area. With a little vision and improvement, this 4-plex can become a top performer in your portfolio!
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Additional Information
- Taxes
- $1,873
- Zoning
- R3
- Appliances
- Free-Standing Range, Refrigerator, Dishwasher, Microwave, None
- Heating
- Electric
- Air Conditioning
- Electric
- Exterior Construction
- Block, Painted
- Parking Features
- Carport
- Elementary School
- Alhambra Preschool Academy
- Middle School
- Alhambra Traditional School
- High School
- Alhambra High School
Listing courtesy of HomeSmart.
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