2118 W BELMONT AVENUE
Phoenix AZ 85021

$1,080,000
Price

0.0
Beds

0.0
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0
Sqft

homeListing 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

descriptionDescription:

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.

mapProperty Location:

Listed By: Better Homes & Gardens Real Estate SJ Fowler | James C Stephens 602-672-3526

Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.



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