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:
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### **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.
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### **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 OPPORTUNITIES Whether 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.
Assessed Value is a combination of the land and additions.
2023
$1,860
(+3.37%)
$38,620
Land 1,920 +
Additions 7,710
2022
$1,799
(+193.4%)
$29,280
Land 5,850 +
Additions 23,430
2021
$613.28
(+4.48%)
$9,630
Land 1,920 +
Additions 7,710
2019
$586.96
(+2.68%)
$7,780
Land 1,550 +
Additions 6,230
2018
$571.66
(+0.52%)
$6,060
Land 1,210 +
Additions 4,850
2017
$568.68
$5,160
Land 1,030 +
Additions 4,130
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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