Courtesy of Marcus & Millichap
Property Description
Uniquely located immediately behind Phoenix Children’s Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering. Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it’s proximity to Phoenix Children’s Hospital) and/or an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Free-Standing Range
- Disposal
- Refrigerator
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Bathrooms
- 2 total bathrooms
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Bedrooms
- 4 total bedrooms
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Building
- Built in 1986
- 1 building
- Construction Materials: Wood Frame, Stucco
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Cooling
- Central Air
- Electric
- Individual
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Disclosures
- None
-
Expenses
- Electric: $200
- Gardener: $1,200
- Insurance: $1,000
- Maintenance: $1,500
- Operating: $9,161.08
- Trash: $1,200
- Water/Sewer: $1,200
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Exterior Features
- Sidewalk(s)
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Floors
- Tile
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Heating
- Central
- Electric
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Income
- Gross Income: $31,046.3
- Gross ScheduledIncome: $30,936
- Net Operating Income: $21,505
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Listing
- Listing ID: 7069799
- Standard Status: Active
- MLS Status: Active
- 15 days on market
-
Location
- County/Parish: Maricopa
-
Lot
- Dimensions: 5200 SF
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 4 open parking spaces
- 4 total parking spaces
- Paved
- >1 Space Per Unit
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Roof
- Composition
-
Schools
- Elementary School District: Creighton Elementary District
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 117-04-035
- Annual Amount: $831.08
- Tax Book Number: 117.00
- Lot: 31
- Year: 2025
- Zoning: R-3
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Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 6, 2026 7:31AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.