1514 W Palmer Dr Phoenix, AZ 85021

This is a great opportunity for very little investment! This 4 plex consists of 2 buildings with 2 units per building. They are easy to rent, close to I-17, the 51, and easy access to downtown Phoenix. The south building, units 3 & 4, was built in 1941 was originally a house, remodeled and converted to a duplex with fireplaces. Units #3 & 4 are rented at $600/mo. and pay everything over $100 towards electric. The north building, units 1&2, was built in 1966. Unit #2 is rented for $300/mo. plus electric. There is a small travel trailer that is also rented for $200/month and is aware that the new owner may make her move. Unit #1 is vacant and needs some work. All units are rented weekly. Units 2-4 have window A/C, and electric heaters. All are plumbed for evap. coolers:units 2 & 4 have evap coolers installed in them. Units 1 & 2 have tile floors and units 3 & 4 have carpet in the bedrooms and tile everywhere else. The owner pays the trash, sewer and water. He is motivated and will carry with $20,000 down, 5% interest, amortized over 20 years and due in full in 10 years. DO NOT DISTURB THE TENANTS. NO SIGN ON THE PROPERTY. This is an AS-IS sale. The seller will not do any repairs. Buyer has to do their own due diligence during the inspection.