4037 S 45th Street, Phoenix, AZ 85040
- $159,000
- 2
- BD
- 1
- BA
- 924
- SqFt
- List Price
- $159,000
- Days on Market
- 38
- Status
- ACTIVE
- MLS#
- 7062907
- City
- Phoenix
- Bedrooms
- 2
- Bathrooms
- 1
- Living SQFT
- 924
- Lot Size
- 814
- Subdivision
- Hallcraft Villas East 4
- Year Built
- 1973
- Type
- Townhouse
Property Description
Rock-solid investment condo, owned by the same seller for over 12 years with zero missed rent payments in that entire span -- a rental track record that speaks for itself. This 2-bedroom, 1-bathroom, 924 SF unit is currently rented month-to-month at $1,300/month (slightly under market, with room to grow) to a long-term, reliable tenant. Recent updates include a new AC unit, upgraded flooring, and partial kitchen and bathroom improvements. HOA is $287/month. Appraised at $160,000 two months ago. Because the unit is tenant-occupied, there is no yard sign; buyers can evaluate the numbers, condition, and 12-year rent roll without disturbing the current tenant. A proven performer for an investor who values consistency over guesswork.
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Additional Information
- Elementary School
- Holdeman Elementary School
- High School
- Tempe High School
- Middle School
- Geneva Epps Mosley Middle School
- Acres
- 0.02
- Architecture
- Contemporary
- Assoc Fee Includes
- Maintenance Exterior, Insurance, Maintenance Grounds
- Hoa Fee
- $287
- Hoa Fee Frequency
- Monthly
- Hoa
- Yes
- Hoa Name
- Hallcraft Villas 4
- Builder Name
- unknown
- Community
- Hallcraft Villas 4
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Central Air
- Exterior Features
- Private Yard
- Fencing
- Block
- Flooring
- Carpet, Tile
- Heating
- Heat Pump
- Laundry
- Washer Hookup
- Living Area
- 924
- Lot Size
- 814
- New Financing
- Cash, Conventional
- Other Rooms
- Great Room
- Parking Features
- Assigned Parking
- Roofing
- Built-Up
- Spa
- None
- Stories
- 2
- Style
- Contemporary
- Subdivision
- Hallcraft Villas East 4
- Taxes
- $294
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of Manara Properties, LLC.