1702 E Cambridge Avenue, Phoenix, AZ 85006

$450,000
4
BD
2
BA

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List Price
$450,000
Status
ACTIVE
Days on Market
49
MLS#
7069799
Subtype
Multiple Dwellings
Year Built
1986
Bedrooms
4
Bathrooms
2

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.

Additional Information

Exterior Features
Sidewalk(s)
Taxes
$831
Zoning
R-3
Appliances
Free-Standing Range, Refrigerator, Disposal
Heating
Electric, Central
Air Conditioning
Central Air, Electric, Varies by Unit
Exterior Construction
Wood Frame, Stucco
Parking Features
Paved, >1 Space Per Unit

Courtesy of Marcus & Millichap. 602-687-6700

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