Off-MarketVacant
4123 E Palm Lane
85008 Phoenix, AZ
Key Stats
- Beds
- 6
- Baths
- 4.5
- Sq Ft
- 3,600
- Year Built
- 1964
- Rehab Level
- Light Updates
- Est. Repair Cost
- $85,000
- Price
- $865,000
- ARV
- $1,150,000
- Spread
- $285,000
- Est. Rent
- $6,200
- Cap Rate
- 7.8%
- Tenant Status
- Vacant
Deal Summary
Stunning midcentury triplex in Arcadia Lite with designer upgrades already underway. Perfect for luxury mid-term or furnished rentals.
- Seller-financing available with 10% down
- Projected 25%+ cash-on-cash in year one
- Fully permitted additions and carports
Comparable Sales
Recent transactions investors are underwriting against.
Private + MLS Sources
4100 E Glenrosa Ave
Phoenix, AZ
$1,125,000
4 Beds3 Baths2,900 Sq Ft0.4 mi awaySold 10/1/2023
3023 N 46th St
Phoenix, AZ
$1,180,000
5 Beds3 Baths3,200 Sq Ft0.9 mi awaySold 8/19/2023
4702 E Cambridge Ave
Phoenix, AZ
$1,245,000
6 Beds4 Baths3,500 Sq Ft1.4 mi awaySold 6/30/2023