18202 N Cave Creek Road #5 units Active

Phoenix,AZ 85032

$ 825000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mountain Springs Terrace Condominium

MLS Listing ID 6770097

Maintenance Fees $3,000

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1983

Annual Tax Amount $1,164

Tax Year 2024

Lot Dimensions verify

Property Description

This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey.The selection of fully renovated 2-bedroom, 1-bath units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio.With a strong history of occupancy and the potential to increase rental income, these units provide a stable and reliable income stream The convenient location and amenities make these units highly desirable for tenants,ensuring a steady flow of rental income for investors.Whether you're just starting out or looking to grow your investment portfolio, this property package offers a smart and lucrative opportunity for investors of all levels.

Location

State AZ

County Maricopa

Community Mountain Springs Terrace Condominium

Zoning R5

Direction South on Cave Creek to Michigan Ave. Complex will be on the Right.

Interior

Heating Individual,Electric

Cooling Central A/C,Electric,Ceiling Fan(s)

Flooring Vinyl

Appliance BI Oven/Range,Microwave,Washer/Dryer

Exterior

Parking Features Other (See Remarks),Paved Parking,>1 Space Per Unit,1 Space/Unit,Common

Community Features Barbecue,Manager Res/Office,Pool

Roof Type Built-Up

Total Parking Spaces 1

Building

Sewer Public Sewer

Water City Franchise

New Construction No

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

Senior Community No

Tax ID 214-07-044

Acceptable Financing No Carry,CTL,1031 Exchange

Listing Terms No Carry,CTL,1031 Exchange

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