Triplex 100% Occupied 7.09% $600.00 721 W Cinnabar Ave 3 Unit Block of Flats £452,268 (£150,756/Unit) 7.09% Net Initial Yield Phoenix, AZ 85021

Real Estate Marketing Description:
Discover investment potential at 721 W Cinnabar, a promising triplex nestled in a vibrant neighborhood. This property boasts a laundry room and newer roofs, ensuring low maintenance costs for discerning investors. Adjacent is a six-unit property also available for sale, offering expanded portfolio opportunities.
Currently occupied by Government Assisted Leases, this triplex guarantees consistent income, with payments reliably arriving on the first of every month. Situated on a spacious lot, there's ample room for potential development, presenting a lucrative opportunity for expansion or enhancement.
Buyers are encouraged to verify all facts and figures independently to capitalize on this exceptional investment opportunity. Don't miss out—schedule your showing today and seize the potential of 721 W Cinnabar!
? Light Rail: The 85021 area is conveniently located near the Valley Metro Light Rail, providing easy access to public transportation throughout the Phoenix metropolitan area.
? Interstate 17 (I-17): Close proximity to Interstate 17 facilitates quick access to downtown Phoenix and other parts of the valley.
Employment Base:
? The area around 85021 is supported by a diverse employment base, including sectors such as healthcare, education, technology, and service industries.
Hiking and Outdoor Recreation:
? Residents can enjoy outdoor activities with nearby access to hiking trails in scenic locations such as North Mountain Park and Shaw Butte.
Entertainment and Dining:
? The 85021 area offers a variety of entertainment options, including shopping centers, restaurants, and cultural venues, ensuring a vibrant local scene.
Public Transportation:
? Bus Routes: Several bus routes serve the 85021 area, enhancing connectivity for commuters and residents alike.