About The Property

This Uptown PHX 9 unit complex is spread out on close to a 25,000 sf lot (R-3). Nice pocket north of Camelback Rd. 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. The complex is buffered by the SRP-Westwood substation to the west, a newly-built fire station to the south, & owner-occupied properties on the same block. Hard to find SELLER FINANCING available, but not required (6% interest-only with 30% down). Fully upgraded & fully stabilized with close to a 7 CAP (based on the 2025 P&L of $122,000 NOI). Seven buildings. The unit mix consists of (2) two bedroom units; (4) one bedroom units; & (3) bigger studioRead MoreRead Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler 480-649-3536
Listing Snapshot
Days Online
34
Last Updated
Property Type
Multiple Dwellings
Year Built
1958
MLS Number
6993194
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
"Free-Standing Range", "Dishwasher", "Refrigerator", "See Remarks", "Microwave"
Building
Built in 1958, Construction materials: "Wood Frame", "Painted", "Stucco", "Block", 9 total units
Cooling
"See Remarks", "Electric", "Heat Pump"
Exterior Features
"Sidewalk(s)"
Floors
"Laminate", "Ceramic Tile", "Vinyl", "Wood", "Concrete"
Heating
"Heat Pump", "Electric", "Natural Gas"
Parking
"Off Street", "Paved", "Free", "Assigned", ">1 Space Per Unit", 14 total parkings
Property
Zoning: R3
Roof
"Composition", "Rolled/Hot Mop"
Sewer
"See Remarks", "Sewer-In & Connected", "Public Sewer"
Taxes
Annual amount: $6,272, Lot: 4
Utilities
"SRP"
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30 Days Snapshot Of 85015
$305k
-18%
(avg) sold price
15
-42%
homes sold
103
+4%
(avg) days on market
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Monthly Payment
$0

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