Phoenix, AZ 85015,6034 N 21ST Avenue
Phoenix, AZ 85015,6034 N 21ST Avenue
Phoenix, AZ 85015,6034 N 21ST Avenue
Phoenix, AZ 85015,6034 N 21ST Avenue
Phoenix, AZ 85015,6034 N 21ST Avenue
Phoenix, AZ 85015,6034 N 21ST Avenue
See all 12 photos

$1,800,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

SOLD DATE : 02/14/2022

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Melrose Valley Estates 1

MLS Listing ID 6263070

Sold Date 02/14/22

Year Built 1963

Annual Tax Amount $1,365

Tax Year 2020

Lot Dimensions Irr

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

This newly remodeled 8-unit community presents a unique opportunity for the
investor looking for a quality asset in a premium income location. The property
sits directly across the street from Abrazo Medical Center. It is located on the Metro Rail line and only 2.5 miles from
Grand Canyon University. A turn-key asset, it can be run conventionally, catering to
the high demand for rentals in this part of Phoenix. An investor can also greatly
boost returns with a short term rental program catering to hospital staff, visiting
physicians, and traveling nurses. The community is ideally located for this type of
program. The unit mix consists of 3 1-bedroom, 4 2-bedroom, and a 3-bedroom
unit. The average unit size is a spacious 738 square feet. Select units have... Select units have private
back yards with individual washer/dryers. Tenants pay electric. Occupancy is 100%
with great rents. The 2021 remodel included new kitchens, baths, low
maintenance flooring, new windows, and more. Within walking distance are
multiple banking facilities and Spectrum Mall with Walmart, Target, a movie
theater, and various dining options. This 8-unit asset has it all: a great unit mix, low
maintenance going forward, and a fantastic high demand location! Listed rents are actual. Additional Parcel included: 6044 N 21st Ave

Location

State AZ

County Maricopa

Community Melrose Valley Estates 1

Zoning R-3

Direction West on Bethany Home, North to property

Interior

Heating Individual, Heat Pump

Cooling Heat Pump, Individual

Flooring Vinyl

Appliance Free-Standing Range, Refrigerator, Washer/Dryer

Exterior

Parking Features >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Composition

Total Parking Spaces 23

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 156-12-136-J

Acceptable Financing No Carry, Conventional, 1031 Exchange

Listing Terms No Carry, Conventional, 1031 Exchange

Financing Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Arizona Regional MLS (ARMLS)
Listed by Blue Saguaro Commercial Realty, LLC
Bought with Urban Luxe Real Estate
agent-avatar

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

GET MORE INFORMATION

Name
Phone*
Message
};