Property Manager says it practically runs itself. There are 6 units collecting rent with laundry room income in place. In 85020 the prices are climbing, with a great rental market. This is a non-conforming property. Easy to insure. Newer roof, master metered, and easy to maintain landscaping. See the Doc tab for current financials and rent roll along with much more. This is a drive by only property but feel free to walk the property. Buyer to verify all facts and figures. Over 100K in upgrades 6 Units w/ Tenants paying High Rents Master Metered Ceramic Tile or Laminate Flooring Modern Exterior Paint Air Conditioned Units Modern Cabinetry Additional Income from Laundry Room Easy Maintenance Landscaping **Prime Real Estate Opportunity in the Vibrant 85020 Zip Code** Nestled in the heart of Phoenix, the 85020 zip code offers a vibrant mix of residential charm, employment hubs, and unparalleled lifestyle amenities. Here's why investing in this area is a smart choice: --- ### **LOCATION HIGHLIGHTS** **Parks & Recreation:** The 85020 area is home to a variety of green spaces that appeal to outdoor enthusiasts and families alike: - **North Mountain Park**: Perfect for hiking, picnics, and enjoying breathtaking desert views. - **Phoenix Mountain Preserve**: A haven for hikers, mountain bikers, and nature lovers with trails for all skill levels. - **Granada Park**: Features fishing ponds, playgrounds, and plenty of open space for relaxation or recreation. **Employment Base:** This area boasts a diverse employment base, making it attractive for professionals in various fields. Key employment sectors include healthcare, education, retail, and tech. Major employers in the vicinity include: - **HonorHealth John C. Lincoln Medical Center**: A leading regional healthcare provider, anchoring the area's strong medical employment sector. - Nearby business parks and corporate offices in Midtown and Downtown Phoenix are a short commute away. **Healthcare Access:** Residents enjoy proximity to top-notch medical facilities, such as: - **HonorHealth John C. Lincoln Medical Center**: Known for its trauma care, comprehensive services, and advanced medical technology. - Additional nearby clinics and specialty practices ensure comprehensive healthcare access. **Transportation Connectivity:** Effortless commuting and accessibility: - **State Route 51 (Piestewa Freeway)** offers direct access to Phoenix's central business districts and other metropolitan areas. - **Valley Metro Bus and Light Rail Services**: Provide convenient and affordable public transportation options. - Close proximity to **Sky Harbor International Airport**, a major travel hub. --- ### **LIFESTYLE & COMMUNITY AMENITIES** The 85020 zip code strikes the perfect balance between urban convenience and suburban tranquility. - **Dining & Shopping**: From cozy neighborhood cafés to upscale dining and retail options, the area has something for everyone. - **Schools**: Access to well-regarded schools makes this an ideal location for families. - Community Engagement: A tight-knit, welcoming community with regular local events and farmer's markets. REAL ESTATE OPPORTUNITIESWhether you're looking for investment properties, multifamily units, or single-family homes, 85020 offers a diverse range of real estate options. The area's demand continues to rise due to its strong employment base, outdoor amenities, and family-friendly atmosphere. INVESTMENT INSIGHT Properties in 85020 benefit from: - Strong rental demand driven by professionals and families. - Steady appreciation rates fueled by the area's growing desirability. - Proximity to key amenities that enhance tenant satisfaction and retention. Disclaimer: Buyers are encouraged to verify all facts and figures independently.
MLS# | 6804616 |
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Listing Type | For Sale |
Sub-Type | For-sale |
Status | Active |
Year | 1948 |
Days On Site | 96 |
Listing Provided By | Gerchick Real Estate | Linda S Gerchick |
Pool | Yes |
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Units | 6 |
Building(s) | 1 |
Zoning | MFAM |
State | AZ |
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County | Maricopa |
City | Phoenix |
Zip Code | 85020 |
Area | Maricopa |
Community Name | TOWNLEY SQUARE |
School District | Glendale Union High School Distr |
Listing VS Median (In TOWNLEY SQUARE) | |
Price: $595,000 low | high Med: $0 On site: 96 low | high Med: |