Friday, December 11, 2015

Wholesale deal Friday - 3426 E MELVIN ST, Phoenix, AZ 85008 - INCOME PRODUCING TRIPLEX

3426 E. Melvin Street Phx, AZ 85008- TRIPLEX

3 units in all.  2 units are 2bed/1bath.  1 Unit is 1bed/bath.  Current rents are $500 each for the 2/2 and $475 for the 1/1.  All leases are month to month.  Quick timeline on this one.  Need to close by 12/23/2015.  CURRENT PRICE is estimated at $30k under value.  On site management .... collects checks and deposits for $100/month.  Management also screens, places, and verifies tenants for $100 per new tenant. 

See link below for more pics and details:  
 http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=15cvwkf9ztsb&s=12&cid=1


Wholesale price:  $84,900






Fun disclaimers:

All Prices based on cash sale with $2,500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

  • All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.
  • One of managing members is a licensed Real Estate Agent in the state of Arizona.
  • If estimated values are provided, they are based on interpretation of MLS and Tax Data.
  • Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
  • Price is net to seller and Buyer pays all closing cost
  • Buyer agrees to double close of escrow
Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs
 








 


 

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