53rd Lane Fourplex

4425 N 53rd Ln | Phoenix, AZ 85031

$319,000

Status: Escrow

Type: Multifamily

Units: 6

Year Built: 1973

Total Rentable SF: 4,322 SF

Land Size: .28 Acres

GPCI Multifamily is pleased to offer for sale the 53rd Lane Fourplex in Phoenix. This property is fully occupied and features a great mix of 3-bedroom and 2-bedroom units. Units are extremely spacious with an average of 1,080 sq feet! There is room for rent upside as leases expire. Each apartment has a separate enclosed garage and separate washer/dryer hookup. The 3-bedroom unit even has a 2-car garage! In addition, the lower units have private yards and the upper unit has a private balcony. This makes it very attractive for families, especially those with pets – add pet rent for extra income.

It is conveniently located close to schools, parks, shopping, and employment. The Maryvale Hospital Complex is only two blocks away. Walmart is only 0.4 miles away. All units are individually metered (electric and gas). The HOA covers trash and landscaping. All have tile floors throughout. This property is a high-return addition to your income portfolio!

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