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1850 N 51st Street, Phoenix, AZ 85008
$4,875,000
1850 N 51st Street, Phoenix, AZ 85008View this property at 1850 N 51st Street, Phoenix, AZ 85008
1850 N 51st StreetPhoenixAZ85008
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Property Description
This is a rare opportunity to own newly constructed 2023 townhomes in a convenient lower Arcadia location where maximizing NOI was clearly well thought out, designed to be low maintenance and efficient to maximize income stream. All units individually metered for electric and no other onsite electric. Desert landscape is low maintenance and cost efficient. All 10 units are 3 BR/2 ½ BA with either 1552 or 1776 sqft., with 1 or 2 car garages. The units are desirable, making them easily rentable for consistent cash flow. They have open floor plans, high end finishes, large kitchens, quartz countertops, stainless appliances, huge master bedrooms/baths, balconies, upgraded wood tile throughout, backyard patios, two and one car garages. Close to 143/202, Old Town, Sky Harbor, Entertainment.
Full Property Details
Full Property Details for 1850 N 51st St
General
- Price: $4,875,000
- Taxes: $4,016 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 6676182
- Updated: 3/12/2024
- Added to Site: 48 day(s) ago
Interior
- Flooring: Carpet, Ceramic Tile
Parking
- Attached garage: Yes
- Covered Spaces: 15
- Total Spaces: 15
- Parking Features: Auto Door Opener, Attached
Location
- County: Maricopa
- Township: 2N
- Cross Streets: 51st Street & McDowell Road
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 6
- Exterior Const.: Brick Veneer, Painted, Stucco, Frame - Wood
- Roof: Foam
- Year Built: 2023
Unit Information
- Vacancy %: .02
Lot Features
- Lot Dimensions: 232.48 x 116.50
- Frontage: Asphalt, Private Street
- Zoning: R3
Financial Considerations
- Tax Amount: $4,016
- Tax Year: 2023
- Terms: Conventional, 1031 Exchange
- Owner Pays: Water, Sewer, Landscaping
- Tenant Pays: Electricity, Water, Sewer
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Buyer/Broker Compensation Available: Yes
- Legal Description: TH POR ORANGEDALE ESTATES MCR 30-3 LOT 1 EX W 377 FT & EX E 10 FT FOR RD TOG WI S 16.5 FT OF TH POR
- Property ID: 126-20-050-C
- Range: 4E
- Section: 32
- Lot Number: 1
Listed by North&Co.
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Schools
Schools serving 1850 N 51st St
School Districts:Balsz Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
4505 E Palm Ln, Phoenix, AZ 85008 | PK-6 | 0.7 mi | |
4612 N 28th St, Phoenix, AZ 85016 | 9-12 | 3.8 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 6.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1850 N 51st St
Date
Details
Price
Change
Source
3/12/2024
Listed
$4,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1850 N 51st St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,016
4%
$439,500
501%
2022
$3,872
—
$73,095
38%
2022
$3,872
27%
$53,025
89%
2021
$3,044
2%
$28,120
8%
2020
$2,988
—
$26,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1850 N 51st St
1850 N 51st Street, Phoenix, AZ 85008 (MLS# 6676182) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 1850 N 51st Street is currently listed for $4,875,000 and was received on March 12, 2024. Want to learn more about 1850 N 51st Street? Do you have questions about finding other Multi-Family real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.