ALSO AVAILABLE AS INDIVIDUAL FOURPLEXES. The 50th Street Apartments is an 8-unit property with 6 fully renovated units, ideally situated in a prime location in the heart of the Phoenix metroplex. The property consists of two separate parcels, allowing for residential financing on each fourplex if desired. Located less than 15 minutes from downtown Phoenix, Scottsdale, Tempe, the Biltmore area, and within 5 miles of Arizona State University and Old Town Scottsdale, this property offers residents quick access to all that the Phoenix area has to offer. The SR-143 Freeway onramp is just around the corner along with the Arcadia Crossing Shopping Center which features area amenities such as Fry’s Food and Drug, Target, Petco, and Costco Wholesale.
The property includes seven two-bedroom / one-bathroom units and one three-bedroom / one-bathroom unit. The six renovated units feature LVP flooring, new cabinets, quartz countertops, new electrical and plumbing fixtures, stainless steel appliances, full-size stacked washer / dryer connections (with appliances included), shower / tub
surrounds, fresh paint, new baseboards, and more. The property also boasts ample outdoor space for potential barbecue areas or private yard space and a number of on-site storage units that could be utilized by the owner or rented out.