7537 N 21st Avenue Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85021
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6836611
Maintenance Fees $6,600
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1961
Annual Tax Amount $9,114
Tax Year 2025
Lot Dimensions 0.87
Property Description
Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Rose Vista, a, 11-unit apartment community, just south of the 19th Avenue and Northern Avenue intersection in a desirable residential neighborhood, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.
Completed in 1961 and 2011 , Rose Vista is comprised of 4 one-bedroom (36%) and 7 two-bedroom (64%) floorplans, offering an average of ±859 square feet. All units include direct access car-ports, private back patios and in-suite (2011 Built) or back-patio washer/ dryers. Future ownership will have the opportunity to renovate the 9 classic units and capitalize on the rent premium based on the current market and achieved rents by similar properties in the immediate surrounding area.
Location
State AZ
County Maricopa
Zoning R-3
Interior
Heating Individual
Cooling Ceiling Fan(s),Individual
Flooring Carpet,Ceramic Tile,Vinyl
Appliance Dishwasher,Refrigerator,Free-Standing Electric Oven,Washer/Dryer
Exterior
Parking Features >1 Space Per Unit,Carport
Community Features No Pool
Roof Type Foam
Total Parking Spaces 15
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 157-19-009-J
Acceptable Financing Conventional,1031 Exchange
Listing Terms Conventional,1031 Exchange