6616 N 16TH Street 1, Phoenix, AZ 85016

$4,000,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,000,000 Last Modified: 5/16/2025

Overview

Listing Details MLS# 6363222

Location, Tax & Legal

Map Code/Grid
N34
House Number
6616
Compass
N
Street Name
16TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85016
Country
US
County Code
Maricopa
Assessor Number
161-08-079
Tax Year
2021

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
0.67 Acres
Year Built
2022
Uncvrd Parking Spcs
2
Total # of Units
5
# of Buildings
5
Zoning
R1-6

Status Change Info

Off Market Date
2022-06-07
Under Contract Date
2022-06-06
Close of Escrow Date
2022-07-30

Legal Info

Township
2N
Range
3E
Section
9
Lot Number
Yes

More Information

4 Bedrooms Units

# 4 Bedroom Units
5
Avg Rent
4205
Avg SqFt
2545
# Baths
15

Income Expenses

Gross Annual Sch Inc
252300
Net Operating Income
195359

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Stucco; Stone Roofing: Other Floors: Other Sale Includes: Building(s) Only; Land & Building; Other (See Remarks) Community Features: No Pool; See Remarks Exterior Amenities: Sidewalk(s) Appliances Included: Other Heating: See Remarks Cooling: See Remarks Water Source: See Remarks Sewer: Other Electric: Other (See Remarks) Gas: Other (See Remarks) Parking Features: Other Road Access Type: Private Road Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner; Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: Marcus & Millichap
Last Updated: May - 16 - 2025
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