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About This Home
This 3-bedroom, 0-bathroom residential multi family at 5035 N 23RD Avenue in Phoenix, AZ is listed for $1,699,000. Built in 1958, on a N/A lot.
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only).
Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.
Key Features
- Built in 1958
Property Details
Amenities
Monthly Cost Estimate
$9,087/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5035 N 23RD Avenue
Phoenix, AZ 85015
CAMELBACK GARDENS
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 0-bathroom residential multi family at 5035 N 23RD Avenue is listed at $1,699,000. The estimated monthly payment is $7,362 based on 20% down at 6.5% interest.
Key features include: Built in 1958. Exterior Features: Sidewalk(s).
This property is listed by James C Stephens and can be reached at 6026723526 or cstephens@ccim.net.
