2701 N 16TH Street 108, Phoenix, AZ 85006 (MLS# 6086032)

$621,000

2701 N 16TH Street 108
Phoenix, AZ 85006
MLS# 6086032
Status: Closed

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Property Description
Single level office condo positions for owner-user with income potential as well from an existing long term tenant. The condominium is currently divided into two suites, but due to configuration and multiple entrances, could also be configured into three suites. Cambridge court is ideal for many professional, medical, dental and non-profit uses.

Details

Maps

Contract Info

Ownership: Condominium

Current Price: $621,000

Sold Price: $621,000

Status: Closed

List Date: 2020-06-01

Location, Tax & Legal

Unit #: 108

Assessor's Map #: 4

Legal Description (Abbrev): LOT 108 CAMBRIDGE COURT OFFICE CONDOMINIUM MCR 075441

Assessor's Parcel #: 109

Add'l Parcels: No

Tax Municipality: Maricopa - COUNTY

Census Tract: 111602

Taxes: 0

Legal: LOT 108 CAMBRIDGE COURT OFFICE CONDOMINIUM MCR 075441

Map Code/Grid: P35

House Number: 2701

Compass: N

Street Name: 16TH

St Suffix: Street

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85006

Zip4: 1264

County Code: Maricopa

Subdivision: CAMBRIDGE COURT OFFICE CONDOMINIUM

Assessor Number: 117-04-109

Tax Year: 2019

General Property Description

Ttl Apx SqFt Bldg: 5124

# of Buildings: 1

Uncvrd Parking Spcs: 20

Year Built: 1982

Zoning: C1

Legal Info

Range: 3E

Section: 34

Township: 2N

Lot Number: 108

Construction

Block: 1

Brick: 1

Roofing

Rolled: 1

Floors

Carpet: 1

Income & Expenses

Owner Association: Yes

Annual Ownr Asoc Fee: 27900

Other Income: 0

Vacancy Allowance: 0

Adjusted Gross Inc: 18000

Building Type

Commercial: 1

Office: 1

Business Type

Dental: 1

Medical: 1

Professional/Office: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 775000

Total Owed: 0

Showing Notification Methods

Phone Call: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1

Security Light(s): 1

Public Restrooms: 1

Loading Facilities

None: 1

Source of Fincl Data

Owner: 1

Fencing

Other: 1

Water Source

None: 1

Freeway/Highway

1.1 - 2 Miles: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1

Paved: 1

Electric

SRP: 1

Gas

None: 1

New Financing

Cash to Loan: 1

Sale/Leaseback: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Sold Info

Loan Type: Conventional

Loan Years: 30

Payment Type: Fixed

Clsing Cost Split: Normal - N

Buyer Concession to Seller: 0

Buyer Concession $/%: $

Seller Concession to Buyer: 0

Seller Concession $/%: $

Remarks Misc

Cross Street: Thomas and 16th St

Directions: South on 16th, building on east side of 16th.

Geo Lat: 33.477907

Geo Lon: -112.047098

Status Change Info

Off Market Date: 2021-07-01

Under Contract Date: 2021-06-04

Close of Escrow Date: 2021-06-30

Sold Price: $621,000

Income Expenses

Gross Annual Sch Inc: 18000

Property Features

Building Type: Commercial; Office

Business Type: Dental; Medical; Professional/Office

Stories: 1 Story

Construction: Block; Brick

Roofing: Rolled

Floors: Carpet

Ceiling Height: 8.1 Feet to 10 Feet

Cooling: Central Air

Loading Facilities: None

Interior Features: Finished; Security Light(s); Public Restrooms

Fencing: Other

Parking Features: Free; Paved

Electric: SRP

Gas: None

Water Source: None

Sewer: Sewer - Public

New Financing: Cash to Loan; Sale/Leaseback

Showing Notification Methods: Phone Call

Source of Fincl Data: Owner

Environmental: None

Listing Office: West USA Realty

Last Updated: February - 07 - 2024