8816 N 6th Place Phoenix, AZ 85020
North Central NeighborhoodEstimated payment $3,472/month
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Heating Available
- Sunnyslope High School Rated A
- Ceiling Fan
About This Home
Property Manager says it practically runs itself. There are 6 units collecting rent with laundry room income in place. In 85020 the prices are climbing, with a great rental market. This is a non-conforming property. Easy to insure. Newer roof, master metered, and easy to maintain landscaping. See the Doc tab for current financials and rent roll along with much more. This is a drive by only property but feel free to walk the property. Buyer to verify all facts and figures.
• Over 100K in upgrades
• 6 Units w/ Tenants paying High Rents
• Master Metered
• Ceramic Tile or Laminate Flooring
• Modern Exterior Paint
• Air Conditioned Units
• Modern Cabinetry
• Additional Income from Laundry Room
• Easy Maintenance Landscaping **Prime Real Estate Opportunity in the Vibrant 85020 Zip Code**
Nestled in the heart of Phoenix, the 85020 zip code offers a vibrant mix of residential charm, employment hubs, and unparalleled lifestyle amenities. Here's why investing in this area is a smart choice:
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### **LOCATION HIGHLIGHTS**
**Parks & Recreation:**
The 85020 area is home to a variety of green spaces that appeal to outdoor enthusiasts and families alike:
- **North Mountain Park**: Perfect for hiking, picnics, and enjoying breathtaking desert views.
- **Phoenix Mountain Preserve**: A haven for hikers, mountain bikers, and nature lovers with trails for all skill levels.
- **Granada Park**: Features fishing ponds, playgrounds, and plenty of open space for relaxation or recreation.
**Employment Base:**
This area boasts a diverse employment base, making it attractive for professionals in various fields. Key employment sectors include healthcare, education, retail, and tech. Major employers in the vicinity include:
- **HonorHealth John C. Lincoln Medical Center**: A leading regional healthcare provider, anchoring the area's strong medical employment sector.
- Nearby business parks and corporate offices in Midtown and Downtown Phoenix are a short commute away.
**Healthcare Access:**
Residents enjoy proximity to top-notch medical facilities, such as:
- **HonorHealth John C. Lincoln Medical Center**: Known for its trauma care, comprehensive services, and advanced medical technology.
- Additional nearby clinics and specialty practices ensure comprehensive healthcare access.
**Transportation Connectivity:**
Effortless commuting and accessibility:
- **State Route 51 (Piestewa Freeway)** offers direct access to Phoenix's central business districts and other metropolitan areas.
- **Valley Metro Bus and Light Rail Services**: Provide convenient and affordable public transportation options.
- Close proximity to **Sky Harbor International Airport**, a major travel hub.
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### **LIFESTYLE & COMMUNITY AMENITIES**
The 85020 zip code strikes the perfect balance between urban convenience and suburban tranquility.
- **Dining & Shopping**: From cozy neighborhood cafés to upscale dining and retail options, the area has something for everyone.
- **Schools**: Access to well-regarded schools makes this an ideal location for families.
- Community Engagement: A tight-knit, welcoming community with regular local events and farmer's markets.
REAL ESTATE OPPORTUNITIES
Whether you're looking for investment properties, multifamily units, or single-family homes, 85020 offers a diverse range of real estate options. The area's demand continues to rise due to its strong employment base, outdoor amenities, and family-friendly atmosphere.
INVESTMENT INSIGHT
Properties in 85020 benefit from:
- Strong rental demand driven by professionals and families.
- Steady appreciation rates fueled by the area's growing desirability.
- Proximity to key amenities that enhance tenant satisfaction and retention.
Disclaimer: Buyers are encouraged to verify all facts and figures independently.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,894
Year Built
- Built in 1948
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Siding
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Ceramic Tile
- Vinyl
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Master Water Meter
Listing and Financial Details
- Tax Lot 53
- Assessor Parcel Number 160-49-080-A
Community Details
Overview
- 6 Units
- Building Dimensions are irr
- Townley Square Subdivision
Building Details
- Operating Expense $17,624
- Gross Income $60,311
- Net Operating Income $39,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2025 01/14/25 | For Sale | $595,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6804616
APN: 160-49-080A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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