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2540 N 17th Way, Phoenix, AZ 85006
$945,000
2540 N 17th Way, Phoenix, AZ 85006View this property at 2540 N 17th Way, Phoenix, AZ 85006
2540 N 17th WayPhoenixAZ85006
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Property Description
4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, this asset features an ideal unit mix of 100% two bedroom floorplans averaging 693 sq. ft. per unit. Current ownership has extensively remodeled two of the units. This well maintained asset has an ideal location, sitting right across the street from Phoenix Children's Hospital, just minutes from Downtown Phoenix and the Biltmore Fashion Park, and near major transportation routes such as the 51 and 10 Freeways. Currently there is one furnished unit being rented to traveling nurses, which allows for a rent premium of approximately $470 per month. CONTACT AGENT FOR COPY OF OFFERING MEMORANDUM
Full Property Details
Full Property Details for 2540 N 17th Way
General
- Price: $945,000
- HOA FEE: $600
- Taxes: $1,268 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 6706007
- Updated: 5/24/2024
- Added to Site: 18 day(s) ago
Interior
- Flooring: Other, Ceramic Tile
Parking
- Covered Spaces: 4
- Total Spaces: 6
- Parking Features: Free, <1 Space Per Unit, Common
Location
- County: Maricopa
- Township: 2N
- Subdivision: GREENFIELD ACRES TRACT 2
- Cross Streets: 16th Street and Yale
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Individual, Heat Pump, Ceiling Fan(s)
- Heating Type: Individual, Heat Pump
Utilities
- Sewer: Sewer-In & Connected, Public Sewer
- Water: City Franchise, Master Meter
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Stucco, Block
- Roof: Foam
- Year Built: 1971
Unit Information
- Vacancy %: .03
Lot Features
- Lot Dimensions: irr
- Frontage: Asphalt, Curbs and Gutters, Sidewalk(s)
- Zoning: M-M
Financial Considerations
- Maint. Fee/Month: $600
- Tax Amount: $1,268
- Tax Year: 2023
- Terms: No Carry, Conventional, FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
- Tenant Pays: Electricity, Cable TV
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Legal Description: GREENFIELD AC TR 2 LOT 35 N2 N2 W2 EX BEG 123' E OF NW COR TH E TO NE COR W2 TH S TO SLN N2 N2 TH
- Property ID: 117-05-071-A
- Range: 3E
- Section: 34
- Lot Number: 35
Listed by Matthews Real Estate Investment Services
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Schools
Schools serving 2540 N 17th Way
School Districts:Creighton School District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
2002 E Clarendon Ave, Phoenix, AZ 85016 | PK-8 | 1.1 mi | |
1101 E Thomas Rd, Phoenix, AZ 85014 | 9-12 | 0.8 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2540 N 17th Way
Date
Details
Price
Change
Source
5/24/2024
Price Reduced
$945,000
-5.03%
MLS
5/15/2024
Listed
$995,000
392.57%
MLS
1/06/2015
Sold
$202,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2540 N 17th Way
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,320
4%
$69,060
42%
2022
$1,268
—
$48,730
34%
2022
$1,268
-2%
$36,500
31%
2021
$1,299
3%
$27,820
16%
2020
$1,267
1%
$23,910
19%
2019
$1,259
2%
$20,150
15%
2018
$1,233
4%
$17,530
11%
2017
$1,185
4%
$15,850
18%
2016
$1,139
7%
$13,410
17%
2015
$1,060
6%
$11,450
24%
2014
$1,000
38%
$9,270
68%
2013
$724
—
$5,530
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2540 N 17th Way
2540 N 17th Way, Phoenix, AZ 85006 (MLS# 6706007) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2540 N 17th Way is currently listed for $945,000 and was received on May 15, 2024. Want to learn more about 2540 N 17th Way? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.