Units: 6 x 2BR / 1BA (729+/-SF)
Buildings: 1 building; 2 floors
Layout: 3 units upstairs, 3 units downstairs
Interior Size: 729 +/- SF
Total Interior SF: 4,374 +/- SF
Lot Size: 17,460 SF Jumbo Lot
Zoning: R-3 (Potential for additional Units)
Year Built: 1986 this is a mid 80's construction
Price: $1,080,000
Price/Unit: $180,000
Price/SF: $246/SF
Current CAP Rate: 6+ Cap
NOI: $65,200
1031 exchange
HVAC: Mid-age to newer heat pumps
Property in good condition with many recent upgrades (not a full remodel)
Lite value-add play: existing laundry room + 6 individual storage units available, but not offered as an amenity to the residents
Ample paved lot in front for tenant parking
All units separately metered
All-electric, no gas – tenants pay their own electric
Prime North Central Phoenix neighborhood
Quiet residential pocket yet close to everything
Near Light Rail, Northern Ave, & I-17
Just 4 miles from Grand Canyon University
Between Christown Mall & Metrocenter redevelopment area
Rare all 2BR/1BA unit mix in North Central Phoenix
Mid-80s block construction = durable and sought-after vintage
Strong location near major redevelopment and job corridors
Lite value-add with laundry + storage income potential
Jumbo lot with R-3 zoning = future expansion flexibility
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