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Rich Brecklin

rich@arizonalife.net +1(480) 660-3460

$775,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Northern Lanai Unit 1

MLS Listing ID 6989127

Year Built 1974

Annual Tax Amount $2,204

Tax Year 2025

Lot Dimensions Unknown

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

Location

State AZ

County Maricopa

Community Northern Lanai Unit 1

Area Maricopa

Zoning R-5

Direction From 35th Ave & Northern Ave, head east on Northern Ave to 33rd Ave, property on the northwest corner.

Interior

Heating Electric

Cooling Ceiling Fan(s), Electric

Flooring Ceramic Tile

Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave

Exterior

Exterior Feature Sidewalk(s)

Parking Features Attached Garage, Paved, Free, Garage Door Opener, 1 Space/Unit

Community Features No Pool

Roof Type Composition

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

School District Glendale Union High School District

Others

Senior Community No

Tax ID 150-09-872

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures Seller Prop Disc Stm

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

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Listed by Get Multifamily • Patrick W O'Sullivan

NEARBY SCHOOL & BUSINESS

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Rich Brecklin

+1(480) 660-3460

Agent

3302 W NORTHERN Avenue Phoenix, AZ 85051

Rich Brecklin

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION