6220 North 14th Street
Multifamily | 3 Units | $230,000/unit
Marketing description
6220 N 14th Street presents an opportunity to acquire a fully occupied three-unit multifamily property in the desirable North Central Phoenix corridor. Built in 1959, the property features a unit mix of two two-bedroom/one-bath units and one one-bedroom/one-bath unit, providing stable rental demand within an established residential submarket.
The property is currently 100% occupied, offering investors immediate cash flow along with future flexibility for rental adjustments or operational improvements. Zoned R-3, the asset benefits from strong multifamily fundamentals driven by limited inventory and continued demand for attainable housing throughout Central Phoenix.
Offered at $690,000 ($230,000/unit), 6220 N 14th Street presents an attractive small multifamily investment opportunity positioned near major employment corridors, retail amenities, and transportation access. The surrounding market continues to experience strong investor demand for stabilized workforce housing assets with long-term appreciation potential.
Investment highlights
- Built in 1959 with R-3 zoning
- Located within a strong workforce housing corridor
- Limited supply of comparable small multifamily assets
- Convenient access to major employment and retail amenities
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