Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but… Read More not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven 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. Over $250,000 in renovations just a few years ago. Read Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler 480-649-3536
Listing Snapshot
Days Online
164
Last Updated
Property Type
Multiple Dwellings
Year Built
1958
MLS Number
6993194
30 Days Snapshot Of 85015
$401k
-6%
(avg) sold price
16
-27%
homes sold
89
+12%
(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
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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