About The Property

Uniquely located immediately behind Phoenix Children's Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering. Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it's proximity to Phoenix Children's Hospital) and/or an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.
Courtesy of Marcus & Millichap 602-687-6700
Listing Snapshot
Days Online
2
Last Updated
Property Type
Multiple Dwellings
Beds
4
Year Built
1986
MLS Number
7069799
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Free-Standing Range, Disposal, Refrigerator
Building
Built in 1986, Construction materials: Wood Frame, Stucco, 2 total units
Cooling
Central Air, Electric, Individual
Expenses
Electric: $200, Insurance: $1,000, Maintenance: $1,500, Water sewer: $1,200
Exterior Features
Sidewalk(s)
Floors
Tile
Heating
Central, Electric
Parking
Paved, >1 Space Per Unit, 4 total parkings
Property
Zoning: R-3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $831, Lot: 31
Utilities
APS
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30 Days Snapshot Of 85006
$410k
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179
+108%
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