Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Townley Square
MLS Listing ID 6804616
Maintenance Fees $1,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1948
Annual Tax Amount $1,894
Tax Year 2024
Lot Dimensions irr
Property Description
• 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:
---
### **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.
---
### **LIFESTYLE & COMMUNITY AMENITIES**
The 85020 zip code strikes the perfect balance between urban convenience and suburban tranquility.
- **Dining & Shopping**: From cozy neighborhood cafés 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.
Location
State AZ
County Maricopa
Community Townley Square
Zoning MFAM
Direction Go south on 7th Street to Townley Turn West to 6th Place Turn South and property is on the west side
Interior
Heating Other
Cooling Ceiling Fan(s), Window/Wall Unit, Individual
Flooring Ceramic Tile, Vinyl
Appliance F/S Oven/Range
Exterior
Parking Features Free, 1 Space/Unit
Community Features No Pool
Roof Type Composition,Rolled/Hot Mop
Total Parking Spaces 6
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Master Meter
New Construction No
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 160-49-080-A
Acceptable Financing Other (See Remarks), No Carry, Conventional
Listing Terms Other (See Remarks), No Carry, Conventional
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
GET MORE INFORMATION
REALTOR® | Lic# SA676661000