On Site107 days
Year1960
arrt of Real Estate / Alycia Robins
(480) 239-7793
Status:
Active
Property Type:5 - 12 Units
MLS #:6595594
On Site:107 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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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
School District:Osborn Elementary District
High School:Central High School
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
Cooling: Individual, Electric, Wall/Window Unit(s), Ceiling Fan(s)
Heating: Heat Pump, Electric
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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Listing Information Last Updated 12/6/2023
Listing provided courtesy of Arrt Of Real Estate.
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
