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18202 N Cave Creek Road , 17Units

Phoenix, AZ 85032
  • $3,040,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 6770068
UPDATED: 65 min ago
$3,040,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Condo
Built:
1983
County:
Area:

School Information

Description

This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their portfolio.It offers a stable and reliable income stream.The property is 100% occupied and all units were remodeled.There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.

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Arizona Regional MLS logo© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Local Realty Experts | Selman and Associates. Data last updated 2024-12-04T00:13:40.99.
www.thelocalrealtyexperts.com/homes/156657909
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18202 N Cave Creek Road , 17Units Phoenix, AZ 85032

  • Price: $3,040,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 65 min ago
  • MLS #: 6770068
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1983
Built
Neighborhood:
Mountain Springs Terrace Condominium
County:
Maricopa
Area:
Phoenix
Elementary School:
Echo Mountain Primary School
Middle School:
Vista Verde Middle School
High School:
North Canyon High School
Property Description
This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their portfolio.It offers a stable and reliable income stream.The property is 100% occupied and all units were remodeled.There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.
Exterior Features

Attached Garage YN No Construction Materials PaintedStuccoFrame - Wood Covered Spaces 1 Open Parking Spaces 0 Parking Features Other (See Remarks)>1 Space Per Unit1 Space/UnitCommon Road Surface Type Asphalt Roof Built-Up

Interior Features

Appliances Included Washer Dryer Yes BIOven Range Yes Cooling Central A/CElectricCeiling Fan(s) Cooling YN Yes Heating IndividualElectric Heating YN Yes

Property Features

Community Features BarbecueManager Res/OfficePool Current Financing [] Disclosures None Flood Zone TBD Flooring Vinyl Gross Income 20865.8 Listing Terms No CarryCTL1031 Exchange Maintenance Expense 7200 Owner Pays Trash CollectionWaterSewer Ownership Condominium Sewer Public Sewer Tax Annual Amount 3960 Tax Year 2024 Tenant Pays ElectricityCable TV Water Source City Franchise Zoning R5

Arizona Regional MLS logo Listing provided by Coldwell Banker Realty: .


Arizona Regional MLS logo© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Local Realty Experts | Selman and Associates. Data last updated 2024-12-04T00:13:40.99.
 
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Local Realty Experts | Selman and Associates
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