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About the Listing sjfl01 - js1287
This Uptown PHX 9 unit complex is spread out on close to a 25,000 sf lot (R-3). Nice pocket north of Camelback Rd. 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. The complex is buffered by the SRP-Westwood substation to the west, a newly-built fire station to the south, & owner-occupied properties on the same block. Hard to find SELLER FINANCING available, but not required (6% interest-only with 30% down). Fully upgraded & fully stabilized with close to a 7 CAP (based on the 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. These units could be re-positioned for GCU students or short-term rentals. DND residents
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
6993194
Year Built
1958
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
Neighborhood
Camelback Gardens
School District
Alhambra Elementary District
High School
Central High School
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond: See Remarks,Electric,Heat Pump
- Heating: Heat Pump,Electric,Natural Gas
- Fireplaces:
- Floor: Laminate,Ceramic Tile,Vinyl,Wood,Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: See Remarks,City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition,Rolled/Hot Mop
- Others: Sidewalk(s)
- Sewer: See Remarks,Sewer-In & Connected,Public Sewer
- Parking Features: Off Street,Paved,Free,Assigned,>1 Space Per Unit
Financial Details
- Tax Amount: $6,272
- Taxes w/Assessments: N/A
- Tax/Property ID: 153-25-053
- Tax Year: 2025
Payment Calculator
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Questions About..
5035 N 23rd Ave Phoenix, AZ 85015
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