- $1.5M Price
18202 N Cave Creek Road (unit Multi)
Welcome to an extraordinary real estate investment opportunity that offers both immediate returns and long-term potential. These eight remodeled condo units are not just properties; they represent a strategic step towards building a robust and reliable real estate portfolio. Recently refurbished with a keen eye for modern elegance, these units offer a comfortable and enticing living space for current and potential tenants. Nestled in a prime location and with in-demand amenities, they boast low monthly expenses while offering a fantastic cap rate of 6.72% % for investors. The appeal doesn't end here; these units are not only warrantable and VA-approved but also offer access to guaranteed subsidized rental programs. This unique investment package allows...
Essential Information
- MLS® #6663975
- Price$1,480,000
- Bathrooms0.00
- Acres0.00
- Year Built1983
- TypeMultiple Dwellings
- StatusActive
Community Information
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85032
Address
18202 N Cave Creek Road (unit Multi)
Subdivision
MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Amenities
- AmenitiesPool
- Parking Spaces9
Parking
Other (See Remarks), Assigned, Add'l Parking Avail, 1 Space/Unit, Common
Interior
- HeatingElectric
- CoolingCentral A/C, Electric
Appliances
F/S Oven/Range, Microwave, Washer/Dryer
Exterior
- RoofFoam
- ConstructionPainted, Stucco, Frame - Wood
School Information
- ElementaryEcho Mountain Primary School
- MiddleVista Verde Middle School
- HighNorth Canyon High School
District
Paradise Valley Unified District
Additional Information
- ZoningMF
Listing Details
- OfficeRE/MAX Fine Properties
Price Change History for 18202 N Cave Creek Road (unit Multi), Phoenix, AZ (MLS® #6663975)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,520,000 to $1,480,000 |
RE/MAX Fine Properties.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on April 29th, 2024 at 7:45am MST.