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$2,400,000
2525 W State Ave, Phoenix, AZ 85051
0 Beds
0 Baths
2,040 SqFt

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Six units in total multifamily, new construction. Estimated to be complete around May 1, 2023. 3 separate buildings, 2 units per building, 6 units on property. Each building has its own parcel number, so possibility of splitting property into 3 different owners. All units are 3 bedrooms, 2 baths. Buildings are approximately 2,040 sqft. Each unit has inside laundry and stainless steel appliances. Rare new construction multifamily in Phoenix, come see it today!
  • Price:
  • $2,400,000
  • Square Footage:
  • 2,040
  • Acreage:
  • 0.43
  • Year Built:
  • 2023
  • Listing ID #:
  • 6523476
  • Street Address:
  • 2525 W State Ave
  • City:
  • Phoenix
  • State:
  • Arizona
  • Postal Code:
  • 85051
  • County:
  • Maricopa
  • Subdivision:
  • State Avenue 6 Condominiums
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Ceiling Height:
  • 8.1 Feet To 10 Feet
  • Construction Description:
  • Block
  • Dwelling Type:
  • Other (see Remarks)
  • Flooring:
  • Carpet, Vinyl
  • Interior Features:
  • Finished, Private Restrooms, Smoke Detector(s)
  • Stories:
  • 2 Stories
  • Total Building Square Footage:
  • 2040
  • Type Of Roof:
  • Other (see Remarks)
  • Year Built:
  • 2023
  • Adjusted Gross Income:
  • 13110.00
  • Net Operating Income:
  • 148500.00
  • Operating Expense:
  • 1.00
  • Conforms To Zoning:
  • R-3
  • Existing Land Use:
  • See Remarks
  • Lot Square Footage:
  • 18625.00
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $1
  • Covered Parking Spaces:
  • 12.00
  • Fence:
  • Block
  • Parking Description:
  • Private Parking
  • Parking Spaces:
  • 14.00
  • Uncovered Parking Spaces:
  • 2.00
  • Cooling System:
  • Central A/C
  • Electricity:
  • Srp
  • Existing Water:
  • City Franchise
  • Heating:
  • Heat Pump
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Richard De Luca with FSR Realty
  • ARMLS

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