4118 N 3rd Ave, Phoenix, AZ, 85013
4118 N 3rd AveKey Information
Highlights
4118 N 3rd Ave presents a unique opportunity to acquire a renovated and well-performing asset with near-term upside in a highly desirable and centralized location along the Central Avenue Corridor. This property is a 3-unit apartment community located in the Midtown Submarket of Phoenix, Arizona. Originally constructed in 1952, the property has undergone significant capital improvements over recent years, including interior updates, brand new plumbing system with 100% PEX piping, newer roof, water heaters, upgraded electrical, and added private fencing. The building consists of (3) one-bedroom, one-bathroom floor plans and a covered parking spot for each unit. Each unit is currently 100% occupied with rents slightly below market providing a great upside opportunity.
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