936 W Mountain View Road, Phoenix, AZ 85021

$2,750,000
32
BD
16
BA

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Sold Price
$2,750,000
List Price
$2,895,000
Closing Date
Jan 10, 2025
Days on Market
93
Status
CLOSED
MLS#
6770776
City
Phoenix
Bedrooms
32
Bathrooms
16
Subdivision
Ironwood Place
Year Built
1965

Property Description

16-unit multifamily opportunity located in the North Mountain Submarket of Phoenix, AZ. Originally built in 1965 and renovated in 2018, this asset is strategically positioned near the base of North Mountain, near many economic drivers such as the I-17 employment corridor, $1B redevelopment of the Metrocenter, and the North Mountain Redevelopment Area (NMRA). Additionally, the property consists of a desirable unit mix of 100% two-bedroom, one-bathroom floorplans across 4 separately parceled Fourplexes, allowing for residential or commercial financing. Community amenities include an on-site laundry facility, private patios, and a community common area where there is potential to build additional units.

Additional Information

Community Features
No Pool
Construction
Wood Frame, Stucco
Cooling
Varies by Unit
Electric
APS
Flooring
Ceramic Tile
Heating
Varies by Unit
New Financing
Conventional, Cash
Parking Features
Other
Roofing
Composition
Sewer
Public Sewer
Subdivision
Ironwood Place
Taxes
$877
Tax Year
2023
Tenant Pays
Water, Electricity
Units
16
Water
Submetered System
Zoning
R-4

Courtesy of Matthews Real Estate Investment Services. 310-388-0788 Selling Office: Realty ONE Group.

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