1702 E Cambridge Avenue, Phoenix, AZ 85006

$450,000
4
BD
2
BA

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List Price
$450,000
Days on Market
0
Status
ACTIVE
MLS#
7069799
City
Phoenix
Bedrooms
4
Bathrooms
2
Year Built
1986

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

Community Features
See Remarks
Construction
Wood Frame, Stucco
Cooling
Central Air, Electric, Varies by Unit
Electric
APS
Exterior Features
Sidewalk(s)
Heating
Electric, Central
New Financing
VA Loan, FHA, Conventional, 1031 Exchange, No Carry, Cash
Parking Features
Paved, >1 Space Per Unit
Roofing
Composition
Taxes
$831
Tax Year
2025
Tenant Pays
Electricity
Units
2
Water
City Franchise
Zoning
R-3

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Marcus & Millichap.

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