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602 N 16th St
Phoenix, AZ 85006
602 N 16th Street Apartments · Multifamily Property For Sale
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8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 5,200 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C | Parking Ratio | 2.5/1,000 SF |
| Zoning | R-5 - Multiple Family Residence | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 5,200 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | R-5 - Multiple Family Residence |
About 602 N 16TH ST , PHOENIX, AZ 85006
This property is comprised of two 4-plexes on two separate parcels totaling 16,189 SF. All units are total electric and air conditioned with roof-mounted electric heat pump systems. Each unit has a spacious living/dining area open to the kitchen. Four units have been recently rebuilt and remodeled by insurance due to a fire. These have all new cabinets and appliances. Rents have been increased accordingly on these units. The remaining four units have room for significant rent increases as vacancies occur and upgrades are made. Property is professionally managed. (Updated financials available soon.) These units are located on a corner lot in the heart of downtown Phoenix just west of St. Luke's Medical Center and just minutes away from Maricopa Medical Center Hospital and clinics. There are 14 parking spaces behind the units. The surrounding neighborhood is seeing growth and improvement as the downtown campuses are expanded and investors are continuing to upgrade properties and increasing rents.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $18,892 |
Property Taxes
