BEDS0
BATHS
MLS#6993194
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCAMELBACK GARDENS
SCHOOLPhoenix Union High School District
Property Description
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Heat Pump, Other, Electric, See Remarks
Heating: Electric, Natural Gas, Heat Pump, Other
Roof Type: Composition, Rolled/Hot Mop
Taxes: $6,272
Year Built: 1958
Feature Descriptions
Community Features: No Pool, Other, See Remarks
Days on Site: 84
Exterior: Sidewalk(s)
Exterior: Block, Wood Frame, Painted, Stucco
Flooring: Ceramic Tile, Other
Parking: Open, Paved, >1 Space Per Unit, Assigned, Off Street
Sewer: Sewer-In & Connected, See Remarks
Water: City Franchise, See Remarks
Local Schools
High School: Central High School
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: Better Homes & Gardens Real Estate SJ Fowler
Agency Phone: 480-649-3536
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 4,799.45 per month $3,781.24 Principal & Interest $522.67 Property Tax $495.54 Homeowner's Insurance
5035 N 23rd Avenue | MLS# 6993194
This multi-family property located at 5035 N 23rd Avenue, Phoenix, AZ 85015 is currently listed for sale with an asking price of $1,699,000. N 23rd Avenue is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.