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$569,000
4815 S 7th Street
Phoenix, AZ 85040
Land


Status:Active
This is a charming and longstanding mobile home community! This is a 12 space mobile home park with an additional brick home. Making a total of 13 rentals. As it sits right now it is a real 8. 5 cap. Space number 7 is vacant with utilities on site ready for another mobile home and tenant, which would effectively raise the income by 450-500/month conservatively. Right now there are 11 spaces rented with tenant owned homes. 5 at 450, 5 at 400 and 1 at 250/month plus the brick home which has a very long term tenant at 550 which is low! The brick home has been remodeled, new cabinetry, paint, plumbing, and eves. Owners are installing mailboxes for each unit also. All tenants are paying on time! To our knowledge the majority of tenants have been in these spaces and homes for 5-15+ years!
Basics
Property Type:   Land
Year Built:   1959
MLS#:   5969989
     
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Schools
Dist: 066 - Roosevelt Elementary District
   
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Listing Agent: Lee Garner    Listing Broker: S.J. Fowler Real Estate, Inc.    Agent Phone: 4807650292    Broker Phone: 4806493536   

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