1521 E Sunnyside Drive new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85020
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6841928
Maintenance Fees $2,400
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1949
Annual Tax Amount $2,196
Tax Year 2024
Lot Dimensions 0.44
Property Description
Sunnyside Cottages is a 6-unit apartment community located southwest of the Cave Creek Road and Thunderbird Road intersection with outstanding views of North Mountain Park. With a centralized Phoenix location and placed less than two miles from State Route 51 (SR 51), convenient access is found to a plethora of employment, lifestyle, recreational attractions and a reasonable commute to destinations valley-wide. Led by a strong employment landscape, over ±169,100 employees and ±4,700 businesses are easily accessible throughout the Deer Valley/I-17 Employment Corridors and Kierland Corridor/ Scottsdale Airpark, headlined by tenants such as Vanguard, USAA, American Express, and Blue Cross Blue Shield. Additional desired destinations of Desert Ridge Marketplace, High Street, and the Paradise Valley Mall transformation provide renters a more diverse and robust lifestyle.
Completed in 1949 and renovated in 2022, Sunnyside Cottages is comprised entirely of two-bedroom, one-bath floorplans, each offering 600 square feet. The community has undergone extensive exterior renovations including new A/C units, plumbing, electrical, and landscaping presenting a refreshed look that aligns with the neighborhood's aesthetic. In addition, the property offers on-site laundry for resident's convenience. Future ownership will have the opportunity to capitalize the current below market rents by increasing lease rates to a level achieved by similar properties in the surrounding area.
Location
State AZ
County Maricopa
Zoning R-3
Interior
Heating Individual
Cooling Ceiling Fan(s),Individual
Flooring Carpet,Ceramic Tile,Vinyl
Appliance Dishwasher,Refrigerator,Free-Standing Electric Oven
Exterior
Parking Features <1 Space Per Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 12
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 159-20-055
Acceptable Financing Conventional,1031 Exchange
Listing Terms Conventional,1031 Exchange