1802 N 26th Place Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85008
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6718747
Maintenance Fees $4,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1960
Annual Tax Amount $3,903
Tax Year 2023
Lot Dimensions 0.68
Property Description
Advantageously positioned in an ideal centralized location, 26th Place (''the property'') is a 10-unit apartment community located along 26th Place north of McDowell Road in the highly coveted Arcadia Lite submarket of Central Phoenix. Less than a mile from the intersection of three significant Phoenix Metro thoroughfares, Loop 202, Interstate 10, and AZ-51, 26th Place is incredibly positioned, offering outstanding mobility throughout Phoenix Metro. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers.
Developed in 1960, 26th Place is comprised of a diverse unit mix with studios (1), one-bedroom (3), two-bedroom (1), three-bedroom casitas (4), and four-bedroom (1) floor plans, offering an average of 814 square feet. Most of the units include private back patios and five units include individual washer/dryer hook ups, either in-suite or on patio. Future ownership will have the opportunity to renovate the remaining 3 classic units and equip 5 units with washer/dryer to capitalize on interior renovation premiums already proven at the property and surrounding area.
Location
State AZ
County Maricopa
Zoning R-5
Interior
Heating Individual
Cooling Individual,Electric,Ceiling Fan(s)
Flooring Carpet,Vinyl
Appliance F/S Oven/Range,Microwave,Washer/Dryer,W/D Hookup
Exterior
Garage >1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Composition
Parking Type >1 Space Per Unit
Total Parking Spaces 20
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 120-29-126-A
Acceptable Financing Conventional,1031 Exchange
Listing Terms Conventional,1031 Exchange