5225 N 17th Ave

Phoenix, AZ 85015 View Map $1,279,000 Schedule a Tour
On Site185 days
Year1960

arrt of Real Estate / Alycia Robins

(480) 239-7793

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Status: Active
Property Type:5 - 12 Units
MLS #:6595594
On Site:185 Days
County:Maricopa
Passive income producing property available in opportunity zone. Washer and dryer hookups available in each unit. Value add opportunity by increasing rents and updating house on property. Rents are substantially below current market value. New zoning ordinances adopted by City of Phoenix council for higher density. Surrounding properties have city pre approval for new development. Please do due diligence and consult with land use attorney

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
9/11/2023$1,299,000$1,279,000-1.5%

Community Information

Address:5225 N 17th Ave, Phoenix, AZ 85015
County:Maricopa
City:Phoenix
Township:2N
Subdivision:Nile Tract Block 1
Zip Code:85015

School Information

Middle School:Osborn Middle School
Elementary School:Solano School

Architecture

Year Built:1960
Construction Materials: Painted, Stucco, Block
Roof: Composition
Covered Spaces: 1.0
Open Parking Spaces: 12.0
Parking Features: Paved Parking
Parking Total: 13

Features / Amenities

Flooring: Ceramic Tile
Horses: No

Property Features

Lot Dimensions:23902
Electric: SRP
Sewer: Public Sewer
Water: City Franchise
Electric: SRP
Road Surface: Asphalt, Sidewalk(s)
Zoning:R3
Directions:North on 17th Ave from Camelback Rd to property on right

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2022
Tax Annual Amount: $2,391
Owner Pays: Trash Collection, Water, Sewer
Tenant Pays: Electricity
Listing Terms: Other (See Remarks)
Gross Income: $76,860
Net Income: $67,636
Buyer Agency Compensation: 2.25
Disclosures: Seller Prop Disc Stm
Legal Description: NILE TRACT S2 S2 N2 LOTS 5 & 6 BLK 2

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5225 N 17th Ave Phoenix,  AZ 85015
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5225 N 17th Ave Phoenix, AZ 85015
 
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Listing Information Last Updated 2/22/2024
Listing provided courtesy of Arrt Of Real Estate.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than arrt of Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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