Address
5624 N 6Th Street Phoenix, AZ
Price
$ 4,275,000
Property Attributes
  • MLS#6042037
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCamel Square
  • Zip85012
  • Style
  • Year Built1949
  • Taxes3015
  • Price$ 4,275,000
  • Bedrooms26
  • Full Bathrooms19
  • Half Bathrooms0
  • Sqr Footage13258
Listing Provided Courtesy Of:
Taylor Street Realty Services
Property Description

5624-5646 N 6th St Renovated in 2020, The Madison boasts mid-century art deco stylearchitecture modernized to fit the young professional tenant base theproperty now attracts. Given its location in the sought after Uptown CentralPhoenix Corridor, its walking distance from some of Phoenix's hottestnew restaurants, cafes and social spots and detailed scope of remodel,which includes almost $700,000 in total Capital Improvement costs, TheMadison provides a remarkable opportunity for immediate value along withconsiderable future upside potential.Built in 1952 of block construction, pitched roofs, art deco windows and frontand rear entryways, The Madison is a prime example of Phoenix historicalarchitecture and charm reinvigorated to match today's market of multifamily.

Elementary School Middle School High School
Madison Elementary School Madison Meadows School Middle School Central High School
Price History
2/26/2020 Listed $4,275,000

General Features

1 Bedroom Units: Avg Rent 1295.00
2 Bedroom Units: Avg Rent 1495.00
3 Bedrooms Units: Avg Rent 1595.00
3 Bedrooms Units: Avg Sqft 950
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Individual
Electric SRP
Elementary School Madison Elementary School
Exterior Features Green Landscaping, Landscape Wtr System, Separate Storage
Features No Pool
Heating Gas
High School Central High School
Interior Features Unfurnished
Map Code/Grid N34
Middle School Madison Meadows School
Net Income 240759.00
New Financing 1031 Exchange, Conventional, Other (See Remarks)
Owner Pays Sewer, Trash Collection, Water
Parking <1 Space Per Unit, Carport, Paved Parking
Property Type F
Public Remarks 5624-5646 N 6th St Renovated in 2020
Roof Comp Shingle
School District 038 - Madison Elementary District
Sewer Sewer - Public
Status Active
Subdivision CAMEL SQUARE
Tenant Pays Sewer, Trash, Water
Water City Franchise
Year Built 1949
Zoning R-3

Interior Features

1 Bedroom Units: # 1 Bedroom Units 11
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 628
2 Bedroom Units: # 2 Bedroom Units 6
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 900
3 Bedrooms Units: # 3 Bedroom Units 1
3 Bedrooms Units: # Baths 2
Appliances Included BI Oven/Range, Microwave
Floors Vinyl/Composition, Wood
Gas SW Gas
Total Number of Units 18.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 18.00
Lot Size Dimensions 58, 800
Total Parking Spcs 38.00

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 85012

Price
AVG $3.44M
$4.28M
Taxes
AVG $11,954
$3,015
Visits
AVG 891
1141
Year Built
AVG 1960
1949
Walkscore
AVG 72
75
Data Provided by Walkscore ® not using MLS data

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