5640 S MONTEZUMA Street Phoenix, AZ 85041
UPDATED:
03/15/2025 12:11 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6835710
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1964
Annual Tax Amount $2,662
Tax Year 2024
Lot Dimensions 37,462
Property Description
A major advantage is the assumable sub $1.2M Freddie Mac loan at 3.31%, ensuring strong cash flow and stability in a high-interest rate environment.
Just 10 minutes from Sky Harbor Airport, the property benefits from high tenant demand, job growth, and excellent connectivity. With stable income and growth potential, Montezuma is a prime investment in Phoenix's booming rental market.
All units are occupied. We cannot allow tours to the interior of any unit
Location
State AZ
County Maricopa
Zoning R-3
Interior
Heating Individual, Electric
Cooling Electric, Individual
Flooring Vinyl
Appliance Refrigerator, Built-In Electric Oven, Washer/Dryer, W/D Hookup
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 21
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 113-39-015-C
Acceptable Financing Other (See Remarks), Conventional
Listing Terms Other (See Remarks), Conventional
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