5624 N 6th Street, Phoenix, AZ 85012

$4,275,000
List Price
$4,275,000
Days on Market
217
Status
PENDING
MLS#
6042037
City
Phoenix
Lot Size
18
Subdivision
Camel Square
Year Built
1949

Property Description

5624-5646 N 6th St Renovated in 2020, The Madison boasts mid-century art deco stylearchitecture modernized to fit the young professional tenant base theproperty now attracts. Given its location in the sought after Uptown CentralPhoenix Corridor, its walking distance from some of Phoenix's hottestnew restaurants, cafes and social spots and detailed scope of remodel,which includes almost $700,000 in total Capital Improvement costs, TheMadison provides a remarkable opportunity for immediate value along withconsiderable future upside potential.Built in 1952 of block construction, pitched roofs, art deco windows and frontand rear entryways, The Madison is a prime example of Phoenix historicalarchitecture and charm reinvigorated to match today's market of multifamily.

Additional Information

Elementary School
Madison Elementary School
High School
Central High School
Middle School
Madison Meadows School
School District
210 - Phoenix Union High School District
Construction
Block
Cooling
Individual
Electric
SRP
Exterior Amenities
Green Landscaping, Landscape Wtr System, Separate Storage
Finish
Painted
Floors
Vinyl/Composition, Wood
Gas
SW Gas
Guest House SqFt
38
Heating
Gas
Interior Amenities
Unfurnished
Lot Size
18
New Financing
1031 Exchange, Conventional, Other (See Remarks)
Parking
<1 Space Per Unit, Carport, Paved Parking
Project Type
13 - 24 Units
Roofing
Comp Shingle
Sewer
Sewer - Public
Pool
Yes
Subdivision
Camel Square
Taxes
$3,015
Tenant Pays
Sewer, Trash, Water
Units
18
Water
City Franchise
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Taylor Street Realty Services.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.