16-unit multifamily opportunity located in the North Mountain Submarket of Phoenix, AZ. Originally built in 1965 and renovated in 2018, this asset is strategically positioned near the base of North Mountain, near many economic drivers such as the I-17 employment corridor, $1B redevelopment of the Metrocenter, and the North Mountain Redevelopment Area (NMRA). Additionally, the property consists of a desirable unit mix of 100% two-bedroom, one-bathroom floorplans across 4 separately parceled Fourplexes, allowing for residential or commercial financing. Community amenities include an on-site laundry facility, private patios, and a community common area where there is potential to build additional units. CONTACT AGENT FOR COPY OF OM
MLS# | 6708920 |
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Listing Type | For Sale |
Sub-Type | For-sale |
Status | Active |
Year | 1965 |
Days On Site | 109 |
Listing Provided By | Matthews Real Estate Investment Services | Bradley Skenderian |
Pool | Yes |
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Units | 16 |
Building(s) | 4 |
Zoning | R-4 |
State | AZ |
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County | Maricopa |
City | Phoenix |
Zip Code | 85021 |
Area | Maricopa |
Community Name | IRONWOOD PLACE |
School District | Glendale Union High School Distr |
Elementary School | Washington Elementary District |
Listing VS Median (in IRONWOOD PLACE) | |
Price: $2,895,000 low | high Med: $0 On Site: 109 low | high Med: |