HOME ACRES
Property • Multiple Dwellings
Web ID # 6938581
$1,450,000.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
This pristine seven unit complex is located in the coveted 85016 zip code on a quiet, dead-end street. High-quality new construction across the street. This pocket is arguably one of the nicest you will find in Phoenix. In close proximity to the Biltmore Corridor, Arcadia Lite, PHX Children's Hospital & PHX Country Club. Premium rental market. Stabilized 7 CAP with 100% occupancy (master leased until 2027). Attractive Seller Financing available with a minimum 25% down & market interest-rate. Completely renovated a few years ago from top-to-bottom. Upgrades include, but are not limited to, plumbing/electrical/HVACs/roofs/windows/carpentry/landscaping & more. All 1 bedroom units (507 sf +/-) over three single-story buildings. 11,382 sf lot. R-3 zoning. 1954 build. T-12 in documents.
Just south off Osborn. Hwy 51 is 1/2 mile east (but exit @ Thomas) or 16th/Osborn east.
Dwelling Type: Multiple Dwellings
Subdivision: HOME ACRES
Year Built: 1954, County: N/A
Just south off Osborn. Hwy 51 is 1/2 mile east (but exit @ Thomas) or 16th/Osborn east.
Listing is courtesy of Better Homes & Gardens Real Estate SJ Fowler
