5035 N 23RD Ave, Phoenix, AZ 85015
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Overview
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Year built
- 1958
Utilities
- Heating
- Electric, Heat Pump, Natural Gas, Other
- Cooling
- Other, Electric, Heat Pump, Central Air
- Sewer
- Public Sewer
- Water
- Public Water, See Remarks
Taxes
- Tax Annual Amount (2025)
- $6,272
Public schools
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Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 6993194 Last checked: …
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