1538 W Mckinley Street, Phoenix, AZ

$624,900

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4

Beds

3

Baths

About 1538 W Mckinley Street

Turnkey triplex opportunity near the Roosevelt Arts District! This updated multifamily property offers an attractive combination of modern interiors, private outdoor space and features designed for strong tenant appeal. Currently generating $3,700/month in gross rents. The property consists of three individually accessed residences, including a 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Interiors have been extensively updated with wood-look tile flooring, white shaker cabinetry, quartz countertops, stainless-steel appliances and beautifully finished walk-in tile showers. Each residence also offers the convenience of an IN UNIT WASHER / DRYER and dishwasher features that help set these units apart from many competing rentals. Outside, residents enjoy private fenced yard/patio areas, low-maintenance desert landscaping and off-street parking, including two covered parking spaces at the rear. Two of the three units received newer HVAC systems as part of the prior renovation. With three separate residences, updated finishes and a central Phoenix location near Downtown, Roosevelt Row and major employment, dining and entertainment destinations, this property offers an excellent opportunity for an investor looking to add a renovated multifamily asset to their portfolio.

Features of 1538 W Mckinley Street

MLS® # 7081271
Price $624,900
Bedrooms 4
Bathrooms 3.00
Year Built 1931
Type Multiple Dwellings
Status Active

Community Information

Address 1538 W Mckinley Street
Subdivision HOMESTEAD PLACE
City Phoenix
County Maricopa
State AZ
Zip Code 85007

Amenities

Amenities / Community Features No Pool
Parking Spaces 5
Parking Carport
Is Waterfront No
Has Pool No

Interior

Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Heating Electric
Cooling Ceiling Fan(s), Electric
Fireplace No

Exterior

Roof Composition
Construction Wood Frame, Painted, Stucco

School Information

District Phoenix Union High School District
Elementary Capitol Elementary School
Middle Capitol Elementary School
High Central High School

Additional Information

Zoning R5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Executives Arizona Territory

Listing Map

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