Listing Courtesy of: Arizona Regional MLS / Marcus & Millichap
2103 W Morten Avenue Phoenix, AZ 85021
Active (174 Days)
$2,000,000
Description
MLS #:
6678858
6678858
Taxes
$2,490
$2,490
Type
Multifamily
Multifamily
Year Built
1982
1982
County
Maricopa County
Maricopa County
Listed By
Christopher Paul Bay, Marcus & Millichap
Source
Arizona Regional MLS
Last checked Sep 8 2024 at 2:41 AM GMT+0000
Arizona Regional MLS
Last checked Sep 8 2024 at 2:41 AM GMT+0000
Bathroom Details
Heating and Cooling
- Electric
- Individual
- Ceiling
- Ceiling Fan(s)
Flooring
- Carpet
- Vinyl
Exterior Features
- Stucco
- Painted
- Frame - Wood
- Roof: Composition
Utility Information
- Sewer: Public Sewer
Parking
- 1 Space/Unit
- Street Parking
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 9/7/24 19:41.
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 9/7/24 19:41.
intersection, Morten Avenue (''the property'') has the extreme
advantage of Grand Canyon University being less than four miles
away. The property is also primely positioned for immediate access
to some of The Valley's major transportation arteries. The Interstate
17 (I-17) ,as well as access to the Valley Metro Light Rail are both
less than half a mile away, providing effortless transportation and
reasonable commute times to destinations all across the Phoenix
metro. Ample employment opportunities are found through the
nearby I-17 Employment Corridor, boasting more than 43,000
employees across ±1,200 businesses. Additionally, the property sits between Chirstown Spectrum Mall - an iconic Phoenix retail center featuring Harkins Theaters, Walmart, and Target - and Metrocenter Mall, which is currently undergoing a $1 Billion redevelopment.
Developed in 1982, Morten Avenue is a 9-unit multifamily community with a diverse unit mix featuring studio (±22%), one-bedroom (±33%), and two-bedroom (±45%) floorplans averaging ±556 square feet. Future ownership will have the opportunity to capitalize on below market rents already proven in the immediate area.