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Six unit compound in nicely gentrifying N. Phoenix area. Zoned R-3. Three separate buildings compromising close to 7000 sf! The two duplex buildings have 1 bedroom/1 bathroom units (588 sf) to comprise 4 total units (2352 tsf). As well, there is a huge duplex (4433 sf) used as a rooming house with an emphasis on sober living (Steps House Center for Healing). Well-respected in the community and operating for many years. It has 7 bedrooms/6 bathrooms over two levels. There is a large pool/rec area that is another 1498 sf unfinished. 6785 tsf finished; 8283 tsf with the pool room-wow! Huge 35,480 sf lot (.81 acres) that has nice block wall privacy, along with a large courtyard. Ample parking. Value-add property. Excellent income with a potential 10+ CAP.

PROPERTY FEATURES

Water Source : City Franchise Sewer Source : Public Sewer Electric : APS
Community Features : Other, See Remarks, Barbecue, Play Area, Game/Rec Room, Clubhouse, Pool
Parking Features: Other (See Remarks), Free, Add'l Parking Avail, >1 Space Per Unit
Cooling: Central A/C, Heat Pump, Electric, See Remarks Heating : Heat Pump, Electric, Other, See Remarks
Construction Materials: Painted, Stucco, Block

PROPERTY DETAILS

Street Address: 2601 E PARADISE Lane
City: Phoenix
State: Arizona
Postal Code: 85032
County: Maricopa
MLS Number: 6583938
Year Built: 1984
Courtesy of Better Homes & Gardens Real Estate SJ Fowler

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