2600 W STATE Avenue, Phoenix, AZ 85051
$2,000,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$2,000,000
Last Modified:
5/22/2025
Description
This property is built for income. The front 2 buildings are 3 bedroom 2 bath units and the back building consists of 2 coliving units with a total of 8 rooms! If you are looking for a multifamily property, this is it! Buildings are approximately 2,040 sqft. Each unit has inside laundry and stainless steel appliances, and quartz countertops. This is brand new construction!
More Information MLS# 6794316
Contract Info
Current Price: $2,000,000
List Price: $2,000,000
Status: Active
List Date: 2024-12-13
Ownership: Fee Simple
Location Tax Legal
House Number: 2600
Compass: W
Street Name: STATE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85051
Zip4: 6726
Country: US
County Code: Maricopa
Subdivision: STATE AVENUE 6 CONDOMINIUMS
Assessor Number: 157-31-158
Tax Year: 2023
General Property Description
Lot Size Dimensions: 192.02' x 97'
Year Built: 2024
Uncvrd Parking Spcs: 2
Total # of Units: 6
# of Buildings: 3
Zoning: R-3
Flood Zone: No
High School District: Glendale Union High School District
High School: Washington High School
Remarks Misc
Cross Street: 25th Ave. & State Ave.
Directions: I-17 North, Exit 205, Head West on Glendale Ave., Right on 27th Ave, Right on W State Ave, Destination on you Left
Geo Lat: 33.544806
Geo Lon: -112.114757
Status Change Info
Status Change Date: 2024-12-13
Legal Info
Township: 2N
Range: 2E
Section: 1
Lot Number: 98
Income Expenses
Gross Annual Sch Inc: 11100
Net Operating Income: 109320
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 1670
Avg SqFt: 1020
# Baths: 2
4 Bedrooms Units
# 4 Bedroom Units: 2
Avg Rent: 3400
Avg SqFt: 1020
# Baths: 2
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Other
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Carport; >1 Space Per Unit; Assigned
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Owner; Projected Proforma
Special: Owner/Agent
Lockbox Type: See Private Remarks
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Documents
Proforma ›Listing Office: FSR Realty
Last Updated: May - 22 - 2025
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