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
| Office | Realty Executives Arizona Territory |
|---|
