Active

8816 N 6TH Place

Phoenix AZ, 85020

$595,000


Active

Other

Built in 1948

Property Manager says it practically runs itself. There are 6 units collecting rent with laundry room income in place. In 85020 the prices are climbing, with a great rental market. This is a non-conforming property. Easy to insure. Newer roof, master metered, and easy to maintain landscaping. See the Doc tab for current financials and rent roll along with much more. This is a drive by only property but feel free to walk the property. Buyer to verify all facts and figures.
* Over 100K in upgrades
* 6 Units w/ Tenants paying High Rents
* Master Metered
* Ceramic Tile or Laminate Flooring
* Modern Exterior Paint
* Air Conditioned Units
* Modern Cabinetry
* Additional Income from Laundry Room
* Easy Maintenance Landscaping **Prime Real Estate Opportunity in the Vibrant 85020 Zip Code**

Nestled in the heart of Phoenix, the 85020 zip code offers a vibrant mix of residential charm, employment hubs, and unparalleled lifestyle amenities. Here's why investing in this area is a smart choice:

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### **LOCATION HIGHLIGHTS**

**Parks & Recreation:**
The 85020 area is home to a variety of green spaces that appeal to outdoor enthusiasts and families alike:
- **North Mountain Park**: Perfect for hiking, picnics, and enjoying breathtaking desert views.
- **Phoenix Mountain Preserve**: A haven for hikers, mountain bikers, and nature lovers with trails for all skill levels.
- **Granada Park**: Features fishing ponds, playgrounds, and plenty of open space for relaxation or recreation.

**Employment Base:**
This area boasts a diverse employment base, making it attractive for professionals in various fields. Key employment sectors include healthcare, education, retail, and tech. Major employers in the vicinity include:
- **HonorHealth John C. Lincoln Medical Center**: A leading regional healthcare provider, anchoring the area's strong medical employment sector.
- Nearby business parks and corporate offices in Midtown and Downtown Phoenix are a short commute away.

**Healthcare Access:**
Residents enjoy proximity to top-notch medical facilities, such as:
- **HonorHealth John C. Lincoln Medical Center**: Known for its trauma care, comprehensive services, and advanced medical technology.
- Additional nearby clinics and specialty practices ensure comprehensive healthcare access.

**Transportation Connectivity:**
Effortless commuting and accessibility:
- **State Route 51 (Piestewa Freeway)** offers direct access to Phoenix's central business districts and other metropolitan areas.
- **Valley Metro Bus and Light Rail Services**: Provide convenient and affordable public transportation options.
- Close proximity to **Sky Harbor International Airport**, a major travel hub.

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### **LIFESTYLE & COMMUNITY AMENITIES**
The 85020 zip code strikes the perfect balance between urban convenience and suburban tranquility.
- **Dining & Shopping**: From cozy neighborhood cafes to upscale dining and retail options, the area has something for everyone.
- **Schools**: Access to well-regarded schools makes this an ideal location for families.
- Community Engagement: A tight-knit, welcoming community with regular local events and farmer's markets.

REAL ESTATE OPPORTUNITIES
Whether you're looking for investment properties, multifamily units, or single-family homes, 85020 offers a diverse range of real estate options. The area's demand continues to rise due to its strong employment base, outdoor amenities, and family-friendly atmosphere.

INVESTMENT INSIGHT
Properties in 85020 benefit from:
- Strong rental demand driven by professionals and families.
- Steady appreciation rates fueled by the area's growing desirability.
- Proximity to key amenities that enhance tenant satisfaction and retention.

Disclaimer: Buyers are encouraged to verify all facts and figures independently.

6804616

MLS ID

January 14, 2025

Listed

January 16, 2025

Updated

Map

8816 N 6TH Place
Phoenix AZ, 85020

Interior Features

Floor Description

Ceramic Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Window/Wall Unit, Individual


Heating

Yes


Heating Description

Other

Exterior/Building Features

Roof

Composition, Rolled/Hot Mop


Sewer

Sewer-In Connected, Public Sewer

School Information

School District

Glendale Union High School District

Other Property Details

Taxes

$1,894


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

Free, 1 Space/Unit


Parking Total

6


View

No


County

Maricopa


Water Source

City Franchise, Master Meter


Pool

No


Zoning

MFAM

Courtesy of Gerchick Real Estate

Listing Contact: 602-688-9279 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Karas Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Arizona Regional Multiple Listing Service. All rights reserved.

Data Last Updated: 8:10 PM UTC, 1/16/2025.

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