Listing Details:
Listing ID: 6922688
Updated: 9/20/2025 12:40pm
Status | Active/For Sale |
Days On Market | 3 |
Taxes | $5,261.00 |
HOA | $0.00/******** |
Type | N/A |
Open Parking | 15 |
Year Built | 1986 |
Lot Size | 0.00 |
County | Maricopa |
Listed By | Better Homes & Gardens Real Estate SJ Fowler |
Description:
Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.
Property Location:
Listed By: Better Homes & Gardens Real Estate SJ Fowler | James C Stephens 602-672-3526
Source: ARMLS
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