Phoenix, AZ 85016,6240 N 16TH Street #37
Phoenix, AZ 85016,6240 N 16TH Street #37
Phoenix, AZ 85016,6240 N 16TH Street #37
Phoenix, AZ 85016,6240 N 16TH Street #37
Phoenix, AZ 85016,6240 N 16TH Street #37
Phoenix, AZ 85016,6240 N 16TH Street #37
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$150,000

$199,000

24.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

2 Baths

1,191 SqFt


SOLD DATE : 05/27/2025

Key Details

Sold Price $150,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 1,191 sqft

Price per Sqft $125

Subdivision Los Blancos Condominiums

MLS Listing ID 6818904

Sold Date 05/27/25

Style Contemporary

Bedrooms 2

HOA Fees $680/mo

HOA Y/N Yes

Year Built 1968

Annual Tax Amount $585

Tax Year 2024

Lot Size 1,036 Sqft

Acres 0.02

Property Sub-Type Apartment

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Investor Opportunity! Condo with All Utilities Included + Long-Term Improvements Underway. Solid opportunity for investors seeking a low-maintenance, income-producing property in one of Phoenix's most desirable and centrally located neighborhoods. This 2-bedroom, 2-bath condo offers an open floor plan, brand new dual-pane windows, a new sliding glass door, and tasteful lighting updates in both the dining and living areas. The unit is clean, functional, and move-in ready. The property uses a community central HVAC system, and the in-unit air handler (blower) has been well maintained for efficient airflow and comfort. The HOA covers all utilities — including electricity, water, and sewer — making this a rental with simplified tenant management. Community-wide improvements are currently underway, funded through a special assessment. These enhancements include deck and stairway renovations, electrical upgrades on the east side of the property, and refreshed landscaping  all contributing long-term value for owners and tenants alike.

Located just 5 minutes from Piestewa Peak Trailhead, 10 minutes to Downtown Phoenix, 10 minutes to ASU Downtown, and 10 minutes to Camelback Mountain. The condo is also surrounded by some of the city's top dining spots along 7th Street, Bethany Home, and Camelback, with quick access to public transportation, major freeways, and key employment centers.

Rental potential is key, with strong demand from professionals, students, travel nurses, and outdoor lifestyle renters. This is a great long-term hold opportunity, offering income and future equity from ongoing community improvements.

Note: Property list price is reflective of the value of current upgrades, rental income potential, and unbeatable central location. Serious inquiries only.

Location

State AZ

County Maricopa

Community Los Blancos Condominiums

Direction North on 16th, complex is on the left. Take first entry into complex and park in first parking spots near 16th St or any open guest parking.

Rooms

Den/Bedroom Plus 2

Separate Den/Office N

Interior

Interior Features High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm

Heating Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Fireplaces Type None

Fireplace No

Window Features Low-Emissivity Windows,Dual Pane

SPA None

Laundry See Remarks, None

Exterior

Parking Features Assigned

Carport Spaces 1

Fence Block

Pool None

Community Features Community Pool, Community Laundry

Roof Type Built-Up

Porch Covered Patio(s)

Private Pool No

Building

Lot Description Dirt Front, Dirt Back

Story 2

Unit Features Ground Level

Builder Name Unknown

Sewer Public Sewer

Water City Water

Architectural Style Contemporary

New Construction No

Schools

Elementary Schools Madison Rose Lane School

Middle Schools Madison #1 Elementary School

High Schools North High School

School District Phoenix Union High School District

Others

HOA Name Los Blanco Condo

HOA Fee Include Electricity,Roof Repair,Insurance,Sewer,Maintenance Grounds,Air Cond/Heating,Trash,Water,Roof Replacement,Maintenance Exterior

Senior Community No

Tax ID 161-09-178

Ownership Condominium

Acceptable Financing Cash, Conventional, VA Loan

Horse Property N

Listing Terms Cash, Conventional, VA Loan

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by Long Realty Old Town
Bought with New Western
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