• Asking Price See Price
  • Estimated Value: $1,083,937

  • 14TH PHOENIX, AZ 85014

  • Townhouse or Condo / REO Foreclosure
1 of 1

Property Details for 14TH St, PHOENIX, AZ 85014

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Greentree Palms is a 3-unit apartment community located in the highly desirable Uptown area of North/Central Phoenix. Built in 1959, this asset has been extensively renovated and consists of (2) 2 bedroom, 1 bath units and (1) 1 bedroom, 1 bath unit. Currently the two bedroom units rent for $1,700 - $2,000 and the one bedroom unit is vacant, but was previously rented for $1,500. The prime location of this asset presents a unique opportunity for an investor to live in one unit and rent out the others, or operate as short term rentals for increased monthly income. The Uptown Phoenix Submarket features a high-income demographic that sits near one of Phoenix's major employment corridors along Central Avenue. nnCONTACT LISTING AGENT FOR COPY OF OM.

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