About The Property

This pristine seven unit complex is located in the coveted 85016 zip code on a quiet, dead-end street. High-quality new construction across the street. This pocket is arguably one of the nicest you will find in Phoenix. In close proximity to the Biltmore Corridor, Arcadia Lite, PHX Children's Hospital & PHX Country Club. Premium rental market. Stabilized 7 CAP with 100% occupancy (master leased until 2027). Attractive Seller Financing available with a minimum 25% down & market interest-rate. Completely renovated a few years ago from top-to-bottom. Upgrades include, but are not limited to, plumbing/electrical/HVACs/roofs/windows/carpentry/landscaping & more. All 1 bedroom units (507 sf +/-) over three single-story buildings. 11,382 sf lot. R-3 zoning. 1954Read MoreRead Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler 480-649-3536
Listing Snapshot
Days Online
18
Last Updated
Property Type
Multiple Dwellings
Year Built
1954
MLS Number
6938581
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Cooling
"Heat Pump", "Central Air", "See Remarks", "Electric", "Individual"
Appliances & Equipment
"Disposal", "Dishwasher", "Refrigerator", "Free-Standing Gas Oven", "See Remarks", "Microwave"
Building
Built in 1954, Construction materials: "Painted", "Block", 7 total units
Floors
"Vinyl"
Heating
"Individual", "Heat Pump", "Electric"
Parking
"Paved", "Add'l Parking Avail", "1 Space/Unit", 9 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"Sewer-In & Connected", "Public Sewer"
Taxes
Annual amount: $2,617, Lot: 22
Utilities
"APS", "Individual Meter"
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30 Days Snapshot Of 85016
$776k
-12%
(avg) sold price
19
-26%
homes sold
112
-6%
(avg) days on market
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Monthly Payment
$0

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