About The Property

Turnkey 8-unit multifamily investment in the heart of the Biltmore area. This gated community features eight large 2-bedroom, 2-bath units with vaulted ceilings, private backyards, in-unit laundry, and exterior storage. Renovated in 2020 with modern finishes including stainless steel appliances, updated cabinetry, vinyl flooring, and contemporary bathrooms. Community amenities include a dog run, picnic area, BBQ space, and desert landscaping. Prime central Phoenix location with convenient access to shopping, dining, employment centers, and major freeways. Strong long-term investment opportunity in a high-demand rental market.
Courtesy of Bellagio Real Estate 602-456-4167
Listing Snapshot
Days Online
75
Last Updated
Property Type
Multiple Dwellings
Year Built
1982
MLS Number
7038917
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Building
Built in 1982, Construction materials: Wood Frame, Painted, Stucco, 8 total units
Cooling
Central Air, Ceiling Fan(s), Electric, Individual
Floors
Vinyl
Heating
Individual, Central, Electric, Ceiling
Parking
>1 Space Per Unit, 15 total parkings
Property
Zoning: R-3
Roof
Tile, Foam
Sewer
Public Sewer
Taxes
Annual amount: $653, Lot: 8
Utilities
APS, Individual Meter
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30 Days Snapshot Of 85016
$707k
-26%
(avg) sold price
21
-4%
homes sold
116
-4%
(avg) days on market
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Monthly Payment
$0

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