6221 N 13th Pl - Multi-Family FOR SALE


Phoenix, AZ 85014
$1,085,000 USD
602-975-0816
6221 N 13th Pl, Phoenix, AZ for Sale
$1,085,000 USD
Multi-Family - FOR SALE
1/18
null | 5.06% Cap Rate

6221 N 13th Pl
Phoenix, AZ 85014


HIGHLIGHTS

  • 3 Units, Built 1960
  • Unit Mix: (3) 2+2
  • Average Unit Size: ±936 SF
  • Updated/Renovated Unit Interiors
  • On-Site Laundry with New Washer/Dryer
  • Opportunity for Short or Long Term Rentals

OVERVIEW

6221 N 13th Place is a 3-unit multifamily investment opportunity located in one of the most desirable neighborhoods of Phoenix. Originally built in 1960, this asset features (3) large 2-bedroom, 2-bathroom units measuring approximately ±936 SF each with private patios. 2 of the 3 units are currently occupied at an average rent of $1,770 per unit. The 3rd unit is fully furnished, remodeled, and vacant with both a front and back patio which makes it a great short term rental prospect. The property also features on-site laundry, covered parking, and a detached ±400 SF storage/workshop building that could potentially be converted to a studio unit. 6221 N 13th Pl presents a unique opportunity with considerable upside potential. Seller financing offers will be considered. The Uptown Submarket is one of the most sought-after neighborhoods in the city, featuring a high-income demographic and a diverse mix of urban amenities. Tenants have easy access to popular destinations such as the Uptown Plaza, Melrose District, and Central Corridor. The area is known for its high rental demand and close proximity to major employers as well as shopping, dining, and entertainment options that are located along the 7th St Corridor. Broker of Record Simon Assaf License No. CO701910000 (AZ) (866) 889-0550 Matthews Real Estate Investment Services, Inc 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251

FOR SALE DETAILS

PRICE

$1,085,000 USD

PRICE/SF

$386 USD /SF

# OF UNITS

3

PRICE/UNIT

$361,667

CAP RATE

5.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex - Seller Financing Available

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,126 SF

ZONING

R-3

APN/PARCEL ID

161-12-065

ASK ABOUT THIS PROPERTY

Brad SkenderianMatthews Real Estate Investment ServicesMore Info
602-975-0816

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Brad SkenderianMatthews Real Estate Investment ServicesMore Info
602-975-0816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.