3702 E Polk Street Phoenix, AZ 85008
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7055439
Year Built 1983
Annual Tax Amount $1,080
Tax Year 2025
Lot Dimensions 108 X 52
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The property features four 2-bedroom, 1-bathroom units, providing an attractive unit mix for tenants. Investors will appreciate the significant upside in rental income, with below-market rents offering the opportunity to increase cash flow over time.
Recent capital improvements include a roof replaced approximately two years ago and two HVAC units replaced approximately two years ago, helping to minimize near-term maintenance costs. Each unit is individually metered for electricity, while low City of Phoenix water, sewer, Trash and taxes contribute to an efficient operating expense ratio. All facts and figures are approximate, buyer to verify to their own satisfaction.
Location
State AZ
County Maricopa
Area Maricopa
Zoning R-3
Direction From Van Buren & 37th St. North to Polk, Property is on the Northeast Corner.
Interior
Heating Individual, Electric
Cooling Heat Pump, Individual
Flooring Carpet
Appliance Refrigerator, Free-Standing Electric Oven
Exterior
Parking Features >1 Space Per Unit
Community Features Other
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 121-14-048
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
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