4356 N 36TH Place, Phoenix, AZ 85018 (MLS# 6232352)

Amazing opportunity to own this multi-family fourplex in beautiful Arcadia. Locals and out-of-towners alike are drawn to this area because of the unique atmosphere and vibe. Local hotspots like La Grande Orange, Postino & Ingo's are just a few familiar destinations that are within walking distance of this property. Also within walking distance (or a short bike ride) are great retail developments with businesses such as: Provision Coffee Bar, Original Chop Shop, The Vig, The Porch & so much more. This property features great curb appeal with a mid-century charm featuring slump block walls, low profile roof lines, a large grassy front yard & mature desert landscape - all on a quiet cul-de-sac street. As you enter through the iron gate into a sprawling courtyard with grass, you'll find...

Supplements: walkways to each unit & beautifully manicured landscaping. All four units have a great view of this courtyard from their living room and the orientation of this property allows for a light / bright feel in each home. All units have been renovated w/ kitchen cabinets, butcher-block (3) or laminate counters (1), stainless steel appliances, laminate wood floors, upgraded tile surrounds in bathrooms, vanities, lighting & more. Each floor-plan has a spacious living room, full size kitchen w/ eat-in dining or breakfast nook, large bedroom(s) & extended length bathrooms. Ample storage within each unit along with each tenant having their own storage unit at the carport. All units have a covered patio area out to the center courtyard and the two north facing units have their own larger private courtyards (ideal for outdoor entertaining). The property includes a mix of (2) - 2 bedroom/ 1 bathroom & (2) - 1 bedroom/ 1 bathroom units. There are (3) long term tenants paying market rents & (1) 2-bedroom unit to be used as a short-term vacation rental or for another long term tenant. There are other short term rentals in the area that have consistent occupancy and a proven model for success. The (2)-two bedroom units each come with their own inside laundry & the (2)-one bedroom units share a newly remodeled laundry room. The laundry room features decorative floor tile, white wall-paneling, navy blue cabinets w/ brass pulls, gold accent pieces, sink, folding area, plenty of storage & a new washer / dryer. There are (4)- covered & (3)- uncovered parking spots and (4)-storage units under the carport. The foam roof has a new elastomeric topcoat with a 10-year warranty. All windows and doors have been replaced making for more energy efficient units. The property is within short proximity of the Biltmore Fashion Park, Scottsdale Fashion Square, Old Town restaurants / shops, Sky Harbor Airport & freeways. This is a rare opportunity to buy a unique property in a vibrant and highly desired part of Phoenix.