1018 E Polk St, Phoenix, AZ 85006

EXCELLENT CASH FLOWING OPPORTUNITY FOR INVESTORS within the booming Garfield Historic District! Property has a great CAP rate, even though existing rents are well below market rates in this Prime hot location in the heart of this vibrant community. Buy and hold for future development (vacant lot next door), owner occupy, or raise all existing rents for a great ROI. Easy access to all the downtown buzz with views of the central skyline from property. Walk up the street to Welcome Diner, Gallo Blanco and other hip local shops. This unique multiple dwelling property consists of a large 3 bedroom/2 bath home on the rear of property and a Triplex two story building on front of property with private parking lot. All units have individual meters. Home in the rear of property is on a 6-month lease and the two 1 bedroom/1 bath units are on month to month leases. The second floor 2 bedroom/1 bath unit is currently vacant, on lockbox and easy to show. Interior inspection of home & other units will be available during inspection period of an accepted Purchase Contract. Property is being sold in "As-Is" condition! Buyer to verify all material facts and figures that they deem are important. Minutes from Sky Harbor Airport via I-10/51, Downtown Phoenix, City Parks, Phoenix Children's Museum, Chase Field, Phoenix Convention Center, ASU, UofA, Arizona Science Center, Talking Stick Arena, Arizona Center, Banner & St Luke Hospitals, Roosevelt Art District, Edison Park, Light Rail, Restaurants, Shopping and all other major transit routes.