Phoenix, AZ 85012,5624 N 6TH Street
Phoenix, AZ 85012,5624 N 6TH Street
Phoenix, AZ 85012,5624 N 6TH Street
17
$3,775,000
$4,275,000
11.7%
Est.Price: ?

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5624 N 6TH Street Phoenix, AZ 85012

Est. payment /mo
SOLD DATE : 04/15/2021

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Key Details

Sold Price $3,775,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Camel Square

MLS Listing ID 6042037

Sold Date 04/15/21

Maintenance Fees $4,500

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1949

Annual Tax Amount $3,015

Tax Year 2019

Lot Dimensions 58,800

Property Description

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

Location

State AZ

County Maricopa

Community Camel Square

Zoning R-3

Direction South to Montebello. West to 6th St. South to property

Interior

Heating Natural Gas

Cooling Individual

Flooring Wood

Appliance Microwave, BI OvenRange

Exterior

Garage Common

Community Features No Pool

Waterfront No

Roof Type See Remarks, Composition

Parking Type Common

Total Parking Spaces 38

Building

Sewer Public Sewer

Water City Franchise

Schools

Elementary Schools Madison Elementary School

Middle Schools Madison Meadows School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 162-35-021

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by Taylor Street Realty Services
Bought with Non-MLS Office

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Bridgett Oakley

Realtor® | License ID: SA706442000

+1(480) 980-0400

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