This Uptown PHX 9 unit complex is spread out on close to a 25,000 sf lot with R-3 zoning. Nice pocket north of Camelback Rd. 1 mile east of GCU & 1/2 mile east of the I-17. The complex is buffered by the SRP-Westwood substation to the west, a newly-built… Read More 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 total buildings. The unit mix consists of (2) two bedroom units; (4) one bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. These units could be re-positioned for GCU students or short-term rentals. DND residents. Read Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler 480-649-3536
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multiple Dwellings
Year Built
1958
MLS Number
6993194
30 Days Snapshot Of 85015
$359k
-6%
(avg) sold price
24
+20%
homes sold
96
+37%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Free-Standing Range", "Dishwasher", "Refrigerator", "See Remarks", "Microwave"
Building
Built in 1958, Construction materials: "Wood Frame", "Painted", "Stucco", "Block", 9 total units
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