4037 S 45th Street, Phoenix, AZ 85040

$159,000
2
BD
1
BA
924
SqFt

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List Price
$159,000
Status
ACTIVE
Days on Market
40
MLS#
7062907
Subtype
Residential
Style
Contemporary
Year Built
1973
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
924
Lot Size
814
Acres
0.02
Subdivision
Hallcraft Villas East 4
Neighborhood
Hallcraft Villas 4

Property Description

Rock-solid investment condo, owned by the same seller for over 12 years with zero missed rent payments in that entire span -- a rental track record that speaks for itself. This 2-bedroom, 1-bathroom, 924 SF unit is currently rented month-to-month at $1,300/month (slightly under market, with room to grow) to a long-term, reliable tenant. Recent updates include a new AC unit, upgraded flooring, and partial kitchen and bathroom improvements. HOA is $287/month. Appraised at $160,000 two months ago. Because the unit is tenant-occupied, there is no yard sign; buyers can evaluate the numbers, condition, and 12-year rent roll without disturbing the current tenant. A proven performer for an investor who values consistency over guesswork.

Additional Information

Interior Features
Laminate Counters
Exterior Features
Private Yard
Taxes
$294
HOA Fee
$287
HOA Freqency
Monthly
Community Features
Hallcraft Villas 4
Property Description
Contemporary
Flooring
Carpet, Tile
Appliances
Dishwasher, Refrigerator, Built-In Electric Oven, Electric Range
Heating
Heat Pump
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Painted, Stucco
Stories
2
Parking Features
Assigned Parking
Elementary School
Holdeman Elementary School
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School

Listing courtesy of Manara Properties, LLC.

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