6239 14Th StPhoenix, AZ 85014

Property Details for 6239 14Th St

Year built

1958

Property size (Sq ft)

2,530 SF

Property type

Apartment buildings

Description

This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable North Central Phoenix area. Built in 1958 and recently renovated, the property boasts a total of 2,530 square feet, offering a comfortable and updated living experience for residents. Each of the three units commands a price of $293,000, contributing to the overall asking price of $879,000. The property's strong performance is underscored by its consistently high occupancy rate. The strategic location near the intersection of 16th Street and Bethany Home Road provides convenient access to a vibrant array of retail establishments and acclaimed restaurants, including Phoenix City Grill, Genuine, Aftermath, Luci's Marketplace, and George Yang's, enhancing the property's appeal to tenants. This Class C multifamily property offers a compelling price per square foot of $347.43, making it an attractive investment for those seeking a stable and profitable venture in a thriving Phoenix neighborhood. The property's history of strong rental income and its location in a sought-after area position it for continued success and long-term growth. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a prime Phoenix location. The address is 6239 N 14th St, Phoenix, AZ 85014, within Maricopa County.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.529

Longitude

-112.051

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