2118 W Belmont Ave

Phoenix, AZ 85021
  • $1,080,000

    Price
  • 6

    Bed
  • 6

    Bath
  • 0

    SqFt

About the Listing sjfl01 - js1287

Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.

Listing Highlights for 2118 W Belmont Ave

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® 6922688
Year Built 1986
Total Square Footage 0
Lot/Acreage N/A

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond: Ceiling Fan(s),Electric,Heat Pump
  • Heating: Heat Pump,Electric
  • Fireplaces:
  • Floor: Carpet,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition
  • Others:
  • Sewer: Sewer-In & Connected,Public Sewer
  • Parking Features: Paved,Assigned,>1 Space Per Unit

Financial Details

  • Tax Amount: $5,261
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 157-21-076
  • Tax Year: 2024

Payment Calculator

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Listing Location

Questions About..

2118 W Belmont Ave Phoenix, AZ 85021

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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