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2601 E Paradise Ln
Phoenix, AZ 85032
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Cash Cow N. Phoenix compound on close to a 1 acre lot. Potential 10+ CAP property for the crafty operator. OM available.
- Four units are 1 bedroom/1 bathoom averaging 588 sf +/-. Huge duplex of 4433 sf +/- + 1498 pool room. Close to 7000 tsf!
- Nicely gentrifying area with newer construction next door. This is more of a compound than your basic cookie cutter building.
- Three buildings, six units. Used as a rooming house currently with an emphasis on sober living. Market rents only.
- Value-add with lots of possibilities. The 35480 sf lot could allow for additional units or additions. Adaptive use options.
- Unfinished pool/rec area that opens up to a huge courtyard. All finished sf has HVAC, except for a rec room with evap.
Property Facts
| No. Units | 10 | Building Size | 6,785 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 2.36/1,000 SF |
| Lot Size | 0.81 AC | ||
| Zoning | R-3 - R-3 multifamily zoning with six units. | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 6,785 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 2.36/1,000 SF |
| Zoning | R-3 - R-3 multifamily zoning with six units. |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Family Room
- Office
- Pantry
- Patio
- Window Coverings
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
- Pool
- Grill
- Trash Pickup - Curbside
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | - | 2,217 - 4,433 |
| 1+1 | 4 | - | 588 |
Property Taxes
| Parcel Number | 214-40-022D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $20,533 |
Property Taxes
Parcel Number
214-40-022D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$20,533
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