Buy 2124 W Augusta making the portfolio of 7 units

About the Property

Step into luxury with this completely revitalized 4-unit multifamily investment. With nearly $500,000 in rehabilitation work, this stunning property sets a new standard in quality and design—perfect for both new and seasoned investors. Property Highlights: Extensive Rehabilitation: Close to half a million dollars invested in transforming the property into a modern, high-quality asset. Luxury Finishes Throughout: Each unit features quartz countertops and stylish upgrades that attract quality tenants and command premium rents. Smooth Stucco Exterior: Offers a fresh, modern aesthetic with enhanced curb appeal. Unmatched Attention to Detail: Every corner reflects care and craftsmanship—this isn’t your average rehab High Tenant Appeal: Fully leased and providing stable income from day one.
Investment Flexibility: Residential Financing Available – Ideal for owner-occupants or first-time investors looking for strong cash flow in a quality property. Commercial Financing Options – Perfect for experienced investors interested in scalable returns and portfolio growth. Combined Purchase Advantage: Pair this 4-plex with the neighboring triplex at 2124 W Augusta Ave for a total of seven occupied units on two adjacent parcels: Fully Leased: Consistent rental income with all units currently occupied. Turnkey Investment: Both properties have been meticulously renovated, making them completely move-in and rent-ready.

Location

The area around 21 Ave and Northern in Phoenix AZ is a bustling commercial and residential hub that offers a plethora of employment opportunities, making it a highly sought-after destination for job seekers. Some of the major employers in the area include Honeywell Aerospace, American Express, and Phoenix Children’s Hospital, among others. With the presence of such reputed companies, the area has a strong employment base, attracting both young professionals and seasoned workers looking for career advancement opportunities.
Apart from the strong job market, the 21 Ave and Northern area is also known for its vibrant entertainment scene. There are several shopping centers, restaurants, bars, and theaters in the vicinity, providing ample options for residents and visitors alike. The Metrocenter Mall, located a few miles from the area, is a popular destination for shoppers, offering a wide range of stores and dining options. Moreover, the area boasts a diverse range of culinary offerings, with several local eateries and international restaurants.
One of the major attractions of the 21 Ave and Northern area is the Phoenix Light Rail, a modern public transportation system that connects several areas of the city, including downtown Phoenix, Tempe, and Mesa. The light rail has made commuting easier for residents and has helped to reduce traffic congestion in the area. Additionally, the light rail is an excellent option for visitors who want to explore the city’s many attractions without having to worry about driving and parking. The area also offers several recreational opportunities, including parks, hiking trails, and sports facilities. The North Mountain Park and Preserve, located just a few miles from the area, is a popular destination for hiking and outdoor activities. Moreover, the area has several sports facilities, including the Rose Mofford Sports Complex, which offers baseball, soccer, and softball fields.
In summary, the 21 Ave and Northern area in Phoenix AZ is a dynamic and diverse neighborhood that offers excellent employment opportunities, a vibrant entertainment scene, and convenient access to public transportation. With its range of recreational and cultural attractions, the area is an excellent destination for residents and visitors alike.