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$1,279,000

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5225 N 17TH Avenue Phoenix, AZ 85015

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Sheri Spirek

sheri@sherispirek.com +1(480) 316-0016

UPDATED:

09/03/2024 02:33 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Nile Tract Block 1

MLS Listing ID 6737210

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1960

Annual Tax Amount $2,405

Tax Year 2023

Lot Dimensions 23902

Property Description

Passive 6 unit income producing property available in opportunity zone. Washer and dryer hookups available in each unit. Value add opportunity by increasing rents and updating house on property. Rents are substantially below current market value. New zoning ordinances adopted by City of Phoenix council for higher density. Surrounding properties have city pre approval for new development. Please do due diligence and consult with land use attorney

Location

State AZ

County Maricopa

Community Nile Tract Block 1

Zoning R3

Direction Camelback Rd & 17th Ave Directions: North on 17th Ave from Camelback Rd to property on right

Interior

Heating Heat Pump, Electric

Cooling Individual, Electric, Wall/Window Unit(s), Ceiling Fan(s)

Flooring Ceramic Tile

Appliance F/S Oven/Range

Exterior

Garage Paved Parking

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type Paved Parking

Total Parking Spaces 13

Building

Sewer Public Sewer

Water City Franchise

Schools

Elementary Schools Solano School

Middle Schools Osborn Middle School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 156-39-035

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

Listed by ARRT of Real Estate

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Sheri Spirek

REALTOR® | BRSA645109000

+1(480) 316-0016

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