16033 N 25th Street Unit 7, Phoenix, AZ 85032
- $945,000
- List Price
- $945,000
- Status
- ACTIVE
- Price Change
- ▼ $14,000 1783478236
- Days on Market
- 81
- MLS#
- 7034315
- City
- Phoenix
- Year Built
- 2004
Property Description
Rare 2004 4-plex consisting of 3 bed 2 bath units. Room for rent increases. Very little competition for 3 bed family sized units in the area. In unit laundry, covered parking for tenants. These apartments command high rents for the area as well as high quality long term tenants. WATER, SEWER, TRASH, LANDSCAPING & COMMON AREA MAINT & ELECTRIC PAID BY HOA!! Active HOA which has been completing value add exterior projects in the community. All exterior maintenance handled by HOA, very low maintenance costs for owner. DRIVE BY ONLY! DO NOT DISTURB TENANTS!
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Additional Information
- Taxes
- $970
- Net Operating Income
- $51,727
- Cap Rate
- 5.39
- Units
- 4
- Parking Features
- >1 Space Per Unit, Detached Carport
- Construction
- Wood Frame, Painted, Stucco
- Roofing
- Tile
- Cooling
- Heat Pump
- Heating
- Heat Pump
- Zoning
- R-3
- Subdivision
- Paradise On 25th Condominiums Final Plat
- Community Features
- Play Area
- Electric
- APS, Individual Meter
- Water
- Master Meter
- Tenant Pays
- Electricity, Cable TV
- New Financing
- Conventional, 1031 Exchange, Other (See Remarks), Cash
- Elementary School
- Palomino Primary School
- Middle School
- Greenway Middle School
- High School
- Paradise Valley High School
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Listing courtesy of Keller Williams Realty Phoenix.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.