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Address
1820 W Mulberry Drive Phoenix, AZ
Price
$ 2,100,000
Property Attributes
  • MLS#6059233
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • Zip85015
  • Style
  • Year Built1968
  • Taxes9482
  • Price$ 2,100,000
  • Bedrooms16
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage10240
Listing Provided Courtesy Of:
Keller Williams Arizona Realty
Property Description

Mulberry Apartments is a beautiful mid-century, renovated property well located in central Phoenix. Residents love its close proximity to Central Avenue in the Encanto district of Phoenix. Current ownership has completed a complete interior upgrade program several years ago and the community is positioned for a new investor to expand on this upgrade program. Current rents are below market and upside in charging for utility reimbursements!16 x 1 Bedroom/1 Bath units each 640 sf in size featuring new modern kitchen cabinets, stainless steel appliances, quartz counter-tops, under-mounted sinks, new bathroom vanities with quartz counter-tops and stack-able washers and dryers in every unit.**SEE OFFERING MEMORANDUM IN DOCUMENTS TAB**

Elementary School High School
Encanto School Elementary School Central High School
Price History
3/31/2020 Listed $2,100,000

General Features

1 Bedroom Units: Avg Rent 862.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Elementary School Encanto School
Features No Pool
High School Central High School
Map Code/Grid P34
Net Income 119205.00
New Financing 1031 Exchange, Conventional, No Carry
Owner Pays Gas, Sewer, Trash Collection, Water
Parking 1 Space/Unit
Property Type F
Public Remarks Mulberry Apartments is a beautiful mid-century
School District 008 - Osborn Elementary District
Status Active
Tenant Pays Electric
Year Built 1968
Zoning R-4

Interior Features

1 Bedroom Units: # 1 Bedroom Units 16
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 640
Appliances Included BI Oven/Range, Refrigerator, Washer/Dryer
Cooling Heat Pump
Electric APS
Floors Ceramic Tile
Gas SW Gas
Heating Heat Pump
Interior Features Unfurnished, Vertical Blinds
Total Number of Units 16.00

Exterior Features

Sale Includes Building(s) Only
Const - Finish Painted
Covered Parking Spcs 16.00
Exterior Features Green Landscaping, Partially Fenced, Patio/Balcony
Lot Size Dimensions Irr
Roof Built-Up
Sewer Sewer - Public
Total Parking Spcs 16.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85015

Price
AVG $1.05M
$2.1M
Taxes
AVG $2,988
$9,482
Visits
AVG 111
131
Year Built
AVG 1962
1968

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