2014 E Broadway Road, Phoenix, AZ 85040

$600,000

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List Price
$600,000
Days on Market
11
Status
PENDING
MLS#
7050961
City
Phoenix
Subdivision
Harlem Homes
Year Built
1946

Property Description

Fantastic investment opportunity! This well-maintained single-story fourplex features two 2-bedroom, 1-bath units renting for $1,950/month each and two 1-bedroom, 1-bath units renting for $1,650/month each. Several units have been updated, while others offer value-add potential for increased rental income. This property is a true cash-flow opportunity with strong current returns. The adjacent lot is also available for purchase, creating a rare package deal. The neighboring parcel is zoned C-2, offering excellent potential for future commercial development or expansion (buyer to verify zoning and permitted uses). Don't miss this outstanding investment!

Additional Information

Elementary School
Percy L Julian School
High School
South Mountain High School
Middle School
Percy L Julian School
Community Features
No Pool
Construction
Block, Painted
Cooling
Central Air, Heat Pump
Electric
SRP
Flooring
Other
Heating
Heat Pump, Central
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
Other, <1 Space Per Unit, On Street
Roofing
Composition
Subdivision
Harlem Homes
Taxes
$2,549
Tax Year
2025
Tenant Pays
Cable TV
Units
4
Water
Master Meter, City Franchise
Zoning
C-2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

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