Listing Courtesy of: Linda S Gerchick - Gerchick Real Estate
602-688-9279
$595,000
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8816 N 6TH Place Unit 8816 Phoenix, AZ 85020
Multi-Family
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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 t...he 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.
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MLS#
6804616
Property Type
Multi-Family
Year Built
1948
Sewer
Public Sewer
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