6239 N 14Th St Phoenix, AZ 85014
- Commercial real estate
- 2,530 SF
Current Use by Public Records
- Commercial real estate
Property Details for 6239 N 14Th St
- Year built
- 1958
- Property size
- 2,530 SF
- Property type
- Commercial real estate
Description
This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable North Central Phoenix area. Built in 1958 and recently renovated, the property boasts a total of 2,530 square feet, offering a comfortable and updated living experience for residents. Each of the three units commands a price of $293,000, contributing to the overall asking price of $879,000. The property's strong performance is underscored by its consistently high occupancy rate. The strategic location near the intersection of 16th Street and Bethany Home Road provides convenient access to a vibrant array of retail establishments and acclaimed restaurants, including Phoenix City Grill, Genuine, Aftermath, Luci's Marketplace, and George Yang's, enhancing the property's appeal to tenants. This Class C multifamily property offers a compelling price per square foot of $347.43, making it an attractive investment for those seeking a stable and profitable venture in a thriving Phoenix neighborhood. The property's history of strong rental income and its location in a sought-after area position it for continued success and long-term growth. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a prime Phoenix location. The address is 6239 N 14th St, Phoenix, AZ 85014, within Maricopa County.
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
- -112.051037
- Latitude
- 33.5289635
