2014 E SWEETWATER Avenue, Phoenix, AZ 85022

$1,740,000
Property Type: Multiple Dwellings Bedrooms: 12 Baths: 90 Status: Active
Current Price: $1,740,000 Last Modified: 8/03/2026

Overview

Description

Investor Special! Newer Build 6-Plex, each unit is individually titled. Every unit has a single detached garage and ample visitor parking. Ownership of your own enclave. The units are 2 bedroom, 1.5 bath, in-suite full size laundry, dedicated backyard, open floor plan and more. Fully leased out, strong and stable cash-flow, remarkable investment property.

Listing Details MLS# 6977241

Location, Tax & Legal

House Number
2014
Compass
E
Street Name
SWEETWATER
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85022
Zip4
5894
Country
US
County Code
Maricopa
Subdivision
Sweetwater Condos
Assessor Number
166-11-089
Tax Year
2025
Assessor's Map #
11
Legal Description (Abbrev)
SWEETWATER CONDOMINIUMS
Assessor's Parcel #
89
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
103701
Taxes
3825
Legal
SWEETWATER CONDOMINIUMS
Marketing Name
SWEETWATER CONDOMINIUMS

Contract Info

Ownership
Condominium

General Property Description

Lot Size Dimensions
IRR
Year Built
2010
Uncvrd Parking Spcs
6
Total # of Units
6
# of Buildings
4
Zoning
Multi
Elementary School District
Paradise Valley Unified District
High School District
Paradise Valley Unified District
Elementary School
Cactus View Elementary School
Jr. High School
Greenway Middle School
High School
Pinnacle High School

Remarks Misc

Cross Street
Cavecreek and Cactus

Legal Info

Township
3N
Range
3E
Section
15
Lot Number
1 speak to lister

2 Bedroom Units

# 2 Bedroom Units
6
Avg Rent
1795
Avg SqFt
927
# Baths
15

More Information

Structure

Bedrooms Total
12
Bathrooms Total
90

Income Expenses

Gross Annual Sch Inc
132000
Net Operating Income
112830

Showing Notification Methods

Showing Service
Aligned Showings

Contact Info

List Agent Home Phn
602-448-9110

Project Type

5 - 12 Units
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes

Income & Expenses

Annual Elec Exp
2272
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
130
Annual Legal & Acctg
2800
Annual Maint Exp
6317
Annual Mgmt Exp
3600
Annual Trash Exp
0
Annual Wtr/Swr Exp
5338
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
24282
Other Income
0
Vacancy Allowance
0.04
Adjusted Gross Inc
126720
Total Monthly Rental Income
4500

Pmt & Rate Info

Cap Rate
6.48
Down Payment
0
Equity
1740000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes
Individual
Yes

Cooling

Electric
Yes
Individual
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Desert Landscaping
Yes
Patio/Balcony
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Accountant
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage
Yes
1 Space/Unit
Yes
Paved
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash to Loan
Yes
Conventional
Yes
Owner May Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual Cooling: Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Garage; 1 Space/Unit; Add'l Parking Avail; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Accountant Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash to Loan; Conventional; Owner May Carry Environmental: None
IDX
Listing Office: XCD Realty & Property Mgmt
Last Updated: August - 03 - 2026
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