Address
6034 N 21St Avenue Phoenix, AZ
Price
$ 1,800,000
Property Attributes
  • MLS#6263070
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodMelrose Valley Estates 1
  • Zip85015
  • Style
  • Year Built1963
  • Taxes$ 1365
  • Price$ 1,800,000
  • Bedrooms14
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5912
Listing Provided Courtesy Of:
Blue Saguaro Commercial Realty, LLC
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
Property Description

This newly remodeled 8-unit community presents a unique opportunity for theinvestor looking for a quality asset in a premium income location. The propertysits directly across the street from Abrazo Medical Center. It is located on the Metro Rail line and only 2.5 miles fromGrand Canyon University. A turn-key asset, it can be run conventionally, catering tothe high demand for rentals in this part of Phoenix. An investor can also greatlyboost returns with a short term rental program catering to hospital staff, visitingphysicians, and traveling nurses. The community is ideally located for this type ofprogram. The unit mix consists of 3 1-bedroom, 4 2-bedroom, and a 3-bedroomunit. The average unit size is a spacious 738 square feet. Select units have...

Price History
7/11/2021 Listed $1,800,000

General Features

1 Bedroom Units: Avg Rent 1150.00
2 Bedroom Units: Avg Rent 1350.00
3 Bedrooms Units: Avg Rent 1650.00
3 Bedrooms Units: Avg Sqft 739
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Heat Pump, Individual
Electric Individual Meter
Exterior Features Desert Landscaping, Patio/Balcony
Features No Pool
Gas Y/N None
Heating Heat Pump, Individual
Map Code/Grid N33
Net Income 0.00
New Financing 1031 Exchange, Conventional, No Carry
Owner Pays Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Carport
Property Type F
Roof Comp Shingle
School District 038 - Madison Elementary District
Sewer Sewer - Public
Status Active
Subdivision MELROSE VALLEY ESTATES 1
Tenant Pays Electric
Water City Franchise
Year Built 1963
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 3
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 739
2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 739
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 1
Appliances Included F/S Oven/Range, Refrigerator, Washer/Dryer
Floors Vinyl
Total Number of Units 8.00

Exterior Features

Sale Includes Building(s) Only, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 8.00
Lot Size Dimensions Irr
Total Parking Spcs 23.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85015

Price
AVG $1.26M
$1.8M
Taxes
AVG $2,052
$1,365
Visits
AVG 167
278
Year Built
AVG 1967
1963

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover