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For Sale

4421 N 53RD Lane

4421 N 53RD Lane, Phoenix, AZ 85031

$580,000

Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking.

Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.

Features & Amenities

Interior

total bedrooms0
Flooring Other
APPLIANCES Other, See Remarks

Area & Lot

Status For Sale
MLS® ID7031584
TypeMulti-Family
YEAR BUILT1973
NeighborhoodPhoenix
School DistrictPhoenix Union High School District

Exterior

water SourceCity Franchise
roofTile
parkingAddl Parking Avail, 1 Space Per Unit
HEAT TYPEOther, See Remarks
AIR CONDITIONINGOther, See Remarks
sewerPublic Sewer

Financial

Sales Price$580,000
Real Estate Tax $2,884/yr
Maintenance Fee $3,107/mo
Zoning R-4

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4421 N 53RD Lane

$580,000

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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Phoenix

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Contact Details

CARA DANKBERG

CHAD DANKBERG

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