4524 N 14th Place, Phoenix, AZ 85014
- $689,990
- 4
- BD
- 3
- BA
- List Price
- $689,990
- Status
- ACTIVE
- Days on Market
- 7
- MLS#
- 7098710
- City
- Phoenix
- Bedrooms
- 4
- Bathrooms
- 3
- Year Built
- 1954
Property Description
Prime Phoenix multifamily in the Biltmore Area submarket--this fully occupied 3-unit property (2×1-bedroom units + 1×2-bedroom unit) offers strong curb appeal, a quiet neighborhood feel, and immediate rental demand. Conveniently located ½ mile from AZ-51, with easy access to major employment and healthcare anchors including Phoenix Children's Hospital and Phoenix Indian Medical Center. Each apartment features its own private yard space, plus open parking and inviting outdoor surroundings with green lawns and mature palms. The property benefits from new roofing and new water heaters, supporting lower near-term capital needs and smoother operations. Surrounded by shopping, dining, schools, parks, hospitals, and mountain access, this location supports tenant retention and high rent-deman
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Additional Information
- Taxes
- $1,147
- Net Operating Income
- $29,000
- Cap Rate
- 4.2
- Units
- 3
- Flooring
- Other
- Parking Features
- 1 Space/Unit, On Street
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Electric, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- multi
- Exterior Features
- Sidewalk(s)
- Subdivision
- Victor Park
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Trash Collection
- New Financing
- VA Loan, FHA, Conventional, Cash
- Elementary School
- Madison #1 Elementary School
- Middle School
- Madison #1 Elementary School
- High School
- Phoenix Union Bioscience High School
Courtesy of Paramount Management & Realty, LLC. 623-688-5844
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