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8838 North 2nd Street
Phoenix, AZ 85020
Asking Price
$575K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Rare Sunnyslope triplex near Central Ave <p><strong>1.) Rare 3-Unit Infill Opportunity</strong></p><p>Single-family residence plus duplex on a ±6,250 SF lot in the established Sunnyslope submarket.</p><p><strong>2.) Multiple Income Strategies</strong></p><p>Ideal for traditional rental income, house-hacking, or living in one unit while renting the others.</p><p><strong>3.) Updated Interior Finishes</strong></p><p>Units feature wood-look tile flooring, refreshed kitchens and baths, neutral finishes, and updated fixtures.</p><p><strong>4
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NOI
$80,000
Cap Rate
13.91%
DSCR
2.34
Strong
Cash-on-Cash
26.59%
Monthly Payment
$2,844.786
Annual Cash Flow
$45,862.565
