18202 Cave Creek Road Unit 5 units, Phoenix, AZ 85032
- $625,000
- List Price
- $625,000
- Price Change
- ▼ $75,000 1783645956
- Days on Market
- 656
- Status
- ACTIVE
- MLS#
- 6770097
- City
- Phoenix
- Subdivision
- Mountain Springs Terrace Condominium
- Year Built
- 1983
Property Description
This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey. The selection of 5 fully renovated 2 bed (1 bedroom+den) units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio. With a strong history of occupancy and the potential to increase rental income, these units provide a stable and reliable income stream. The convenient location and amenities make these units highly desirable for tenants, ensuring a steady flow of rental income for investors. Whether you're just starting out or looking to grow your investment portfolio, this property package offers a smart and lucrative opportunity for investors of all levels.
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Additional Information
- Elementary School
- Echo Mountain Primary School
- High School
- North Canyon High School
- Middle School
- Vista Verde Middle School
- Community Features
- Pool, Manager Res/Office, Barbecue
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Central Air, Electric, Ceiling Fan(s)
- Electric
- APS
- Heating
- Electric, Varies by Unit
- New Financing
- 1031 Exchange, Owner May Carry, Cash
- Parking Features
- 1 Space/Unit, Other, Paved, Carport, >1 Space Per Unit
- Roofing
- Built-Up
- Pool
- Yes
- Subdivision
- Mountain Springs Terrace Condominium
- Taxes
- $1,800
- Tax Year
- 2024
- Tenant Pays
- Water, Electricity, Cable TV
- Units
- 5
- Water
- City Franchise
- Zoning
- R5
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Listing courtesy of Coldwell Banker Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.