Investor Opportunity! Condo with All Utilities Included + Long-Term Improvements Underway. Solid opportunity for investors seeking a low-maintenance, income-producing property in one of Phoenix's most desirable and centrally located neighborhoods. This 2-bedroom, 2-bath condo offers an open floor plan, brand new dual-pane windows, a new sliding glass door, and tasteful… Read More lighting updates in both the dining and living areas. The unit is clean, functional, and move-in ready. The property uses a community central HVAC system, and the in-unit air handler (blower) has been well maintained for efficient airflow and comfort. The HOA covers all utilities — including electricity, water, and sewer — making this a rental with simplified tenant management. Community-wide improvements are currently underway, funded through a special assessment. These enhancements include deck and stairway renovations, electrical upgrades on the east side of the property, and refreshed landscaping all contributing long-term value for owners and tenants alike. Located just 5 minutes from Piestewa Peak Trailhead, 10 minutes to Downtown Phoenix, 10 minutes to ASU Downtown, and 10 minutes to Camelback Mountain. The condo is also surrounded by some of the city's top dining spots along 7th Street, Bethany Home, and Camelback, with quick access to public transportation, major freeways, and key employment centers. Rental potential is key, with strong demand from professionals, students, travel nurses, and outdoor lifestyle renters. This is a great long-term hold opportunity, offering income and future equity from ongoing community improvements. Note: Property list price is reflective of the value of current upgrades, rental income potential, and unbeatable central location. Serious inquiries only. Read Less
Courtesy of Long Realty Old Town, Jessica D Noble, 480-256-8802.
Listing Snapshot
Days Online
94
Last Updated
Property Type
Apartment
Beds
2
Full Baths
2
Square Ft.
1,191
Lot Size
0.02 Acres
Year Built
1968
MLS Number
6818904
30 Days Snapshot Of 85016
$998k
-3%
(avg) sold price
40
-6%
homes sold
80
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1968, Architectural style: "Contemporary", Living area: 1191, Construction materials: "Stucco", "Painted", "Block"
Cooling
"Central Air", "Ceiling Fan(s)"
Fence
"Block"
Fireplaces
"None"
Floors
"Tile"
Heating
"Electric"
Home Owner's Association
Association fee: $680, Association fee frequency: Monthly, Association fee includes: "Electricity", "Roof Repair", "Insurance", "Sewer", "Maintenance Grounds", "Air Cond/Heating", "Trash", "Water", "Roof Replacement", "Maintenance Exterior"
