Phoenix, AZ 85015,6034 N 21ST Avenue
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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

$1,750,000

Est. payment /mo

$1,800,000

2.8%
Est.Price: ?

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6034 N 21ST Avenue Phoenix, AZ 85015

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

Parking Features >1 Space Per Unit, Common

Community Features No Pool

Roof Type Composition

Total Parking Spaces 23

Building

Sewer Public Sewer

Water City Franchise

New Construction No

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

Pamela Torgrimson

Broker Associate | License ID: BR662242000

+1(602) 803-6904

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