18202 N Cave Creek Road #17units new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85032
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mountain Springs Terrace Condominium
MLS Listing ID 6770068
Maintenance Fees $7,200
Year Built 1983
Annual Tax Amount $3,960
Tax Year 2024
Property Description
This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their portfolio.It offers a stable and reliable income stream.The property is 100% occupied and all units were remodeled.There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.
Location
State AZ
County Maricopa
Community Mountain Springs Terrace Condominium
Zoning R5
Interior
Heating Individual,Electric
Cooling Central A/C,Electric,Ceiling Fan(s)
Flooring Vinyl
Exterior
Garage Other (See Remarks),>1 Space Per Unit,1 Space/Unit,Common
Community Features Barbecue,Manager Res/Office,Pool
Waterfront No
Roof Type Built-Up
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Echo Mountain Primary School
Middle Schools Vista Verde Middle School
High Schools North Canyon High School
School District Paradise Valley Unified District
Others
Acceptable Financing No Carry,CTL
Listing Terms No Carry,CTL