Turnkey 4 Plex | 3301 W Harmont Dr
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Turnkey 4 Plex 3301 W Harmont Dr
4 Unit Apartment Building $879,000 ($219,750/Unit) 7.35% Cap Rate Phoenix, AZ 85051
Executive Summary
Looking for a solid cash-flowing asset in Phoenix? This 4-plex is a must-see! Currently generating $4,000 per month in gross rental income from three fully-occupied units, this property offers a fantastic opportunity for investors looking to maximize returns. But that's not all - there's huge potential for value-add! The fourth unit is available for house hacking, either by living in it yourself or renting it out for even more income. With the possibility of grossing $5,700 per month once the fourth unit is rented, this property is primed for cash flow expansion.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $879,000 | Property Type | Multifamily |
| Price Per Unit | $219,750 | Property Subtype | Apartment |
| Sale Type | Investment | Building Size | 3,656 SF |
| Cap Rate | 7.35% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1974 |
| Price | $879,000 |
| Price Per Unit | $219,750 |
| Sale Type | Investment |
| Cap Rate | 7.35% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Size | 3,656 SF |
| No. Stories | 2 |
| Year Built | 1974 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,350 | 850 |
| 3+2 | 1 | $1,950 | 1,100 |
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PROPERTY TAXES
| Parcel Number | 150-09-881 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $18,174 |
PROPERTY TAXES
Parcel Number
150-09-881
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$18,174
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Turnkey 4 Plex | 3301 W Harmont Dr
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