2522 W Palo Verde Drive, Phoenix, AZ 85017
- $424,900
- List Price
- $424,900
- Days on Market
- 256
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 6946557
- City
- Phoenix
- Subdivision
- Bethany Main
- Year Built
- 1959
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!
Additional Information
- Elementary School
- Alhambra Preschool Academy
- High School
- Alhambra High School
- Middle School
- Alhambra Traditional School
- Community Features
- No Pool
- Construction
- Block, Painted
- Cooling
- Electric
- Electric
- SRP
- Heating
- Electric
- New Financing
- Conventional
- Parking Features
- Carport
- Roofing
- Rolled/Hot Mop
- Subdivision
- Bethany Main
- Taxes
- $1,873
- Tax Year
- 2024
- Tenant Pays
- See Remarks
- Units
- 4
- Water
- City Franchise
- Zoning
- R3
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Listing courtesy of HomeSmart.
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