AZ > Phoenix > Vista Income Estates 2
Phoenix, AZ 85021,2118 W BELMONT Avenue
Phoenix, AZ 85021,2118 W BELMONT Avenue
Phoenix, AZ 85021,2118 W BELMONT Avenue
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Molly Fredrick

Molly Fredrick

+1(602) 451-8464
$1,080,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Vista Income Estates 2

MLS Listing ID 6922688

Year Built 1986

Annual Tax Amount $5,261

Tax Year 2024

Lot Dimensions 17460

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.

Location

State AZ

County Maricopa

Community Vista Income Estates 2

Zoning R-3

Direction Three blocks south of Northern to 19th Ave to Belmont west.

Interior

Heating Heat Pump, Electric

Cooling Ceiling Fan(s), Electric, Heat Pump

Flooring Other, Carpet, Vinyl

Appliance Built-In Range, Dishwasher, Refrigerator, See Remarks

Exterior

Parking Features Paved, Assigned, >1 Space Per Unit

Community Features Other, See Remarks, No Pool

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

New Construction No

Schools

High Schools Glendale High School

School District Glendale Union High School District

Others

Senior Community No

Tax ID 157-21-076

Acceptable Financing No Carry, Conventional

Disclosures Other (See Remarks)

Listing Terms No Carry, Conventional

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Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Better Homes & Gardens Real Estate SJ Fowler

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Molly Fredrick

Molly Fredrick

+1(602) 451-8464

Agent | BRE#: 561239000

Agent BRE#: 561239000

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