Listing Courtesy: Matthews Real Estate Investment Services - 310-388-0788
Property Description
Greentree Palms is a 3-unit apartment community located in the highly desirable Uptown area of North/Central Phoenix. Built in 1959, this asset has been extensively renovated and consists of (2) large 2 bedroom, 1 bath units and (1) 1 bedroom, 1 bath unit. Currently the two bedroom units rent for $1,750 and $2,100 and the one bedroom unit rents for $1,550. The The Uptown Phoenix Submarket features a high-income demographic that sits near one of Phoenix's major employment corridors along Central Avenue. The prime location of this asset presents a unique opportunity for an investor to live in one unit and rent out the others, operate as short term rental, or continue to operate as long term rentals.