4229 17Th St, Phoenix, AZ 85016
8 Unit Apartment Building | $2,500,000 ($312,500/Unit) | 6.07% Cap Rate | Phoenix, AZ 85016
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,500,000
- Property Type
-
Multifamily
- Square Feet
- 11,000 SF
Listing Contacts
Bellagio Real Estate
Verified Profile
- Property Info
Property Overview
4229 N 17th Street is a shining opportunity to purchase a one-story multifamily asset in the heart of Midtown Phoenix. Spanning 11,000 square feet, this low-rise apartment complex comprises eight two-bed and two-bath units, each approximately 920 square feet. Recently renovated in 2022, these ranch-style units sport GE stainless steel appliances, dual bathroom sinks, walk-in closets, modern fixtures, electric locks, contemporary glass cabinets, vinyl flooring, and luxurious white countertops. Residents appreciate that the community is pet-friendly with amenities, including a dog park, patio picnic areas, tranquil sitting areas, and gated entry.
Strategically positioned adjacent to State Route 51, 4229 N 17th Street quickly connects to all that Phoenix offers via Interstate 17. Residents are minutes away from premier shopping destinations like Camelback Colonnade, Town and Country Shopping Center, and Biltmore Fashion Park. Downtown Phoenix is an 11-minute drive for those who commute to work or love to play in the city. The Phoenix Sky Harbor International Airport lies 7 miles from the property, connecting to over 80 domestic and 20 international destinations.
Midtown Phoenix is a laid-back suburban neighborhood with eclectic eateries, microbreweries, and artistic influence. Just north of downtown, the area enjoys easy access to a modern network of urban freeways and arterial streets like North Central Avenue and East Camelback Road. This district boasts historic single-family residential neighborhoods home to approximately 391,814 residents. Midtown Phoenix has plenty of recreational activities at local parks and the sprawling Phoenix Mountains Preserve, just a short drive away.
Strategically positioned adjacent to State Route 51, 4229 N 17th Street quickly connects to all that Phoenix offers via Interstate 17. Residents are minutes away from premier shopping destinations like Camelback Colonnade, Town and Country Shopping Center, and Biltmore Fashion Park. Downtown Phoenix is an 11-minute drive for those who commute to work or love to play in the city. The Phoenix Sky Harbor International Airport lies 7 miles from the property, connecting to over 80 domestic and 20 international destinations.
Midtown Phoenix is a laid-back suburban neighborhood with eclectic eateries, microbreweries, and artistic influence. Just north of downtown, the area enjoys easy access to a modern network of urban freeways and arterial streets like North Central Avenue and East Camelback Road. This district boasts historic single-family residential neighborhoods home to approximately 391,814 residents. Midtown Phoenix has plenty of recreational activities at local parks and the sprawling Phoenix Mountains Preserve, just a short drive away.
Property Details
- Class
- C
- Year Built/Renovated
- 1982/2020
- Stories
- 1
- Lot Size (sq. ft)
- 30,056 SF
- Units
- 8
Highlights
- 4229 N 17th Street is a one-of-a-kind chance to purchase a well-maintained eight-unit low-rise apartment complex with abundant community amenities.
- Residents enjoy hassle-free commutes from the property, with convenient access to State Route 17, Interstate 17, and Downtown Phoenix.
- Units boast a modern, contemporary design with stainless steel appliances, vinyl flooring, luxe countertops, electric locks, and top-notch fixtures.
- Many shopping and dining amenities, such as Whole Foods, Best Buy, Nordstrom Rack, LA Fitness, Ulta Beauty, and Marshalls, are 10 minutes away.
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].