1038 25Th St Phoenix, AZ 85008
- Residential income homes
- 4,187 SF
Current Use by Public Records
- Residential income homes
Property Details for 1038 25Th St
- Property size
- 4,187 SF
- Property type
- Residential income homes
- APN
- 121-79-132-A, 121-79-128
Description
This exceptional investment opportunity presents a three-unit multifamily portfolio located in Phoenix, Arizona, at 1038 & 1046 N 25th Street. The property consists of two separate parcels, each with its own set of rental units, totaling 4,187 square feet on a combined 20,348 square foot lot. The parcels are identified by APN numbers 121-79-132-A and 121-79-128. The property is zoned R-3, allowing for flexibility in future use. One parcel, 1038 N 25th St, features a four-bedroom, one-bathroom single-family home, a studio unit, and a two-bedroom, one-bathroom single-family home. The second parcel, 1046 N 25th St, includes a two-bedroom, one-bathroom single-family home and a duplex containing two one-bedroom, one-bathroom units. This portfolio is priced at $870,000 and offers significant potential for rental income due to its strategic location near the medical center and convenient access to various amenities. The proximity to the medical center makes this property particularly attractive for mid-term rentals, catering to the demand from traveling medical professionals. This property is being offered as a whole, but the individual parcels could be sold separately, providing flexibility for potential buyers. The property is located in Maricopa County, Arizona, with a Phoenix zip code of 85008.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.0283024
- Latitude
- 33.4600411
