Courtesy of Coldwell Banker Realty
Property Description
This property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. It is a well-positioned, income-generating asset. There are opportunities to even increase current rental income for further value. This property is a prudent choice for investors looking to expand, diversify or start their portfolio. It offers a stable and reliable income stream. The property is 100% occupied and all units were remodeled. There are five-2 beds/1-bath, one-3 beds/1 bath, and eleven-3 beds /2 bath units. All are equipped with their own washer/dryer. The property is located in a Prime location with nearby amenities and great transportation access. Some bedroom counts includes a den (2 beds = 1 bedroom + den and 3 beds = 2 bedrooms + den). The den can function as a bedroom but doesn’t have a window.
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Property Details and Features
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Appliances & Equipment
- “Built-In Range”
- “Dishwasher”
- “Refrigerator”
- “Microwave”
- “Washer/Dryer”
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Building
- Built in 1983
- Construction materials: “Wood Frame”, “Painted”, “Stucco”
- 17 total units
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Cooling
- “Central Air”
- “Ceiling Fan(s)”
- “Electric”
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Expenses
- Insurance: $7,200
- Maintenance: $6,000
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Floors
- “Vinyl”
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Heating
- “Individual”
- “Electric”
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Listing
- Listing ID: 6770068
- Standard status: Active
- 567 days on market
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Location
- Subdivision name: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
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Parking
- “>1 Space Per Unit”
- “1 Space/Unit”
- “Carport”
- 17 total parkings
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Property
- Zoning: R5
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Roof
- “Built-Up”
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Schools
- Elementary school: Echo Mountain Primary School
- High school: North Canyon High School
- High school district: Paradise Valley Unified District
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Security Features
- “Security Light(s)”
- “Security Guard”
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $3,960
- Lot: 17 condos
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Utilities
- “APS”
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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.