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
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$1,750,000

$1,800,000

2.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 02/14/2022

Key Details

Sold Price $1,750,000

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

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1963

Annual Tax Amount $1,365

Tax Year 2020

Lot Dimensions Irr

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 Individual, Heat Pump

Flooring Vinyl

Appliance F/S Oven/Range, Washer/Dryer

Exterior

Garage >1 Space Per Unit, Common

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type >1 Space Per Unit, Common

Total Parking Spaces 23

Building

Sewer Public Sewer

Water City Franchise

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

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

+1(480) 447-3553

pm@sterlingfineproperties.com

7326 E Evans Drive, Scottsdale, AZ,, 85260, United States

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