Andrew Mehlman
602-432-5874
Email
Listing Details:
Listing ID: 7045461
Updated: 6/23/2026 11:54am
| Status | Active/For Sale |
| Days On Market | N/A |
| Taxes | $11,361.00 |
| HOA | $0.00/******** |
| Type | N/A |
| Open Parking | 10 |
| Year Built | 1987 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Compass |
Description:
Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.
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