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Address
1518 W Colter Street Phoenix, AZ
Price
$ 6,200,000
Property Attributes
  • MLS#5946049
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodNile Tract Blk 2
  • Zip85015
  • Style
  • Year Built1963
  • Taxes14978
  • Price$ 6,200,000
  • Bedrooms70
  • Full Bathrooms35
  • Half Bathrooms0
  • Sqr Footage31955
Listing Provided Courtesy Of:
ABI Multifamily
Property Description

The DC is a 35-unit apartment community located in the heart of North Central Phoenix on a nice, clean, quiet street where many revitalization efforts are taking place. It is less than 1 mile from 3 different light rail stations with the closest one being less than a half-mile away. The Christown Spectrum Shopping Center is approximately 3/5 of a mile away, featuring Costco, Target, Walmart, Harkins Theaters, and the light rail Park & Ride. The property's central location allows residents to enjoy, with ease, so much of what Phoenix has to offer. With many dining (the famed 7th Street Restaurant Row is less than 2 miles away), shopping, and entertainment options, as well as multiple freeway access points within minutes, The DC is an extremely desirable property for residents.

Price History
6/28/2019 Listed $6,200,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1080.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Features No Pool
Listing Status Active
Map Code/Grid N34
Net Income 342754.00
New Financing Conventional
Owner Pays Water, Sewer, Trash
Property Type F
Public Remarks The DC is a 35-unit apartment community located in the heart of North Central Phoenix on a nice, clean
School District 001 - Phoenix Elementary District
Subdivision NILE TRACT BLK 2
Tenant Pays Electric, Gas
Year Built 1963
Zoning R-3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 35
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 913
Appliances Included BI Oven/Range, Refrigerator, Disposal, Microwave, Washer/Dryer
Cooling Individual
Electric APS
Floors Ceramic Tile, Vinyl/Composition
Gas SW Gas
Heating Individual
Interior Features Unfurnished
Total Number of Units 35.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 35.00
Exterior Features Landscape Wtr System, Desert Landscaping, Fenced, Security Guard, Security Light(s)
Lot Size Dimensions IRR
Parking 1 Space/Unit, Carport
Roof Foam, Rock, Rolled
Sewer Sewer - Public
Total Parking Spcs 88.00
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 $1.09M
$6.2M
Taxes
AVG $3,026
$14,978
Visits
AVG 62
195
Year Built
AVG 1953
1963

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