- $2.8M Price
18202 Cave Creek Road (unit 17units)
This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their portfolio.It offers a stable and reliable income stream.The property is 100% occupied and all units were remodeled.There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.
Essential Information
- MLS® #6770068
- Price$2,800,000
- Bathrooms0.00
- Acres0.00
- Year Built1983
- TypeMultiple Dwellings
- StatusActive
Community Information
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85032
Address
18202 Cave Creek Road (unit 17units)
Subdivision
MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Amenities
- Parking Spaces1
Amenities
Barbecue, Manager Res/Office, Pool
Parking
Other, >1 Space Per Unit, 1 Space/Unit, Carport
Interior
- HeatingIndividual, Electric
Appliances
Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Cooling
Central Air, Ceiling Fan(s), Electric
Exterior
- RoofBuilt-Up
- ConstructionWood Frame, Painted, Stucco
School Information
- ElementaryEcho Mountain Primary School
- MiddleVista Verde Middle School
- HighNorth Canyon High School
District
Paradise Valley Unified District
Additional Information
- ZoningR5
Listing Details
- OfficeColdwell Banker Realty
Price Change History for 18202 Cave Creek Road (unit 17units), Phoenix, AZ (MLS® #6770068)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,040,000 to $2,800,000 |
Coldwell Banker Realty.
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 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on May 11th, 2025 at 1:45am MST.