This Multifamily Property is no longer advertised on LoopNet.com.

512-524 E Mariposa St
Phoenix, AZ 85012
The Carolina · Multifamily Property For Sale · 18 Units

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.60 AC
Building Size 11,700 SF
No. Stories 2
Year Built 1951
Parking Ratio 1.54/1,000 SF
Zoning R-4, Phoenix

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Disposal
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Den
  • Window Coverings

Site Amenities

  • Property Manager on Site
  • Maintenance on site
  • Sundeck

About 512-524 E MARIPOSA ST , PHOENIX, AZ 85012

Built in 1951 of block, concrete, pitched roofs and individually metered for electricity, this charming mid-century architecture is known for “Homes and buildings that can stand the test of time” and is the go-to community of the millennial an downtown urbanites these properties attract. Comprised of well-designed one-bedroom units, The Carolina offers the future investor the most in-demand floorplan for the uptown, midtown, and downtown submarkets. With the ability to modernize the interiors, enhance the courtyard and add in-suite washer and dryers. The property is perfectly positioned for rejuvenation and be in line with other boutique renovated buildings that achieve a 50% to 75% premium in rents for the same floor plans.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 18 - 650

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 155-22-017
  • 155-22-016
Land Assessment
$4,977
Improvements Assessment
$0
Total Assessment
$49,382
  • Listing ID: 18761475

  • Date on Market: 3/5/2020

  • Last Updated:

  • Address: 512-524 E Mariposa St, Phoenix, AZ 85012

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