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2440 E Waltann Ln - Waltann 4Plex 4 Unit Apartment Building Offered at $1,012,733 CAD Phoenix, AZ 85032
Executive Summary
THIS 4-UNIT PROPERTY IN PHOENIX PRESENTS A COMPELLING OPPORTUNITY FOR THE OWNER-OCCUPANT OR BUY-AND-HOLD INVESTOR LOOKING TO ENTER OR EXPAND IN ONE OF THE VALLEY'S MOST RESILIENT RENTAL MARKETS. THE OFFERING FEATURES A DESIRABLE UNIT MIX OF THREE 2-BEDROOM RESIDENCES AND ONE SPACIOUS 3-BEDROOM UNIT, IDEAL FOR THE HOUSE HACKER LOOKING TO OFFSET THEIR MORTGAGE WHILE BUILDING LONGTERM EQUITY. THE PROPERTY IS MOVE-IN READY WITH MEANINGFUL UPDATES ALREADY IN PLACE, ALLOWING AN INVESTOR TO STEP IN WITH CONFIDENCE WHILE STILL HAVING A CLEAR RUNWAY TO ADD VALUE THROUGH STRATEGIC IMPROVEMENTS AND RENTAL RATE OPTIMIZATION.
Property Facts
| Price | $1,012,733 CAD | Lot Size | 0.22 AC |
| Price Per Unit | $253,183 CAD | Building Size | 3,300 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1982 |
| Property Type | Multifamily | ||
| Zoning | M-M | ||
| Price | $1,012,733 CAD |
| Price Per Unit | $253,183 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.22 AC |
| Building Size | 3,300 SF |
| No. Stories | 2 |
| Year Built | 1982 |
| Zoning | M-M |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 2+1.5 | 1 | - | - |
| 3+2 | 1 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 214-40-193 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $19,830 CAD |
Property Taxes
Parcel Number
214-40-193
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$19,830 CAD
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2440 E Waltann Ln - Waltann 4Plex
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