About 4037 S 45th Street
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.
Features of 4037 S 45th Street
| MLS® # | 7062907 |
|---|---|
| Price | $159,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Square Footage | 924 |
| Acres | 0.02 |
| Year Built | 1973 |
| Type | Residential |
| Sub-Type | Townhouse |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 4037 S 45th Street |
|---|---|
| Subdivision | HALLCRAFT VILLAS EAST 4 |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85040 |
Amenities
| Amenities | Pool |
|---|---|
| Utilities | SRP |
| Parking | Assigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laminate Counters |
|---|---|
| Appliances | Refrigerator, Dishwasher, Electric Range, Built-In Electric Oven |
| Heating | Heat Pump |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Patio, Pvt Yrd(s)Crtyrd(s) |
|---|---|
| Lot Description | Gravel/Stone Front, Gravel/Stone Back |
| Roof | Built-Up |
| Construction | Stucco, Wood Frame, Painted |
| Foundation | Block |
| Horse Property | No |
School Information
| District | Tempe Union High School District |
|---|---|
| Elementary | Holdeman Elementary School |
| Middle | Geneva Epps Mosley Middle School |
| High | Tempe High School |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Manara Properties, LLC |
|---|