Nile Tract Block 1 Homes with Open Parking Features

Nile Tract Block 1 Homes with Open Parking Features

Welcome to Nile Tract Block 1, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming subdivision in Maricopa County offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, professionals, and retirees alike.

Nile Tract Block 1 showcases a variety of homes that cater to diverse lifestyles, all featuring the much-desired open parking options. Say goodbye to the hassle of street parking and embrace the convenience of ample space for your vehicles. Whether you have multiple cars, a recreational vehicle, or simply enjoy having guests over, you’ll appreciate the freedom that open parking provides.

The neighborhood is characterized by its friendly atmosphere, where community spirit thrives. Residents enjoy easy access to local parks, schools, and shopping centers, ensuring that every essential is just a stone's throw away. The area is well-connected to major highways, allowing for effortless commutes to downtown Phoenix and beyond.

As you explore the homes in Nile Tract Block 1, you’ll find a range of architectural styles and layouts, each designed to maximize comfort and functionality. Many homes feature spacious yards, perfect for outdoor gatherings or simply enjoying the beautiful Arizona sunsets.

Experience the charm of Nile Tract Block 1, where open parking and a welcoming community come together to create the perfect environment for your next chapter. Don’t miss the opportunity to make this delightful neighborhood your new home!

Newest Nile Tract Block 1 Homes with Open Parking Features

$715,000
7058179 MLS ⋅ 85015 Zip Code
Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-SEE THE SUPPLIMENT FOR MUCH MORE INFORMATION Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-enabled thermostats, laundry improvements, exterior repairs, new landscaping rock and the addition of a third bedroom to each unit. The property will be leased to a single tenant under a new five-year nnn lease, providing the investor with predictable income and minimal ownership responsibilities. The tenant will be responsible for 100% of the property's operating expenses, including real estate taxes, property insurance, utilities, maintenance, repairs and other customary property-related expenses. Initial base rent will be $6,500 per month, or $78,000 annually. Rent will increase by $1,200 annually during each of Years 2, 3, 4 and 5, providing the following scheduled rental income: Year 1:$6,500 per month / $78,000 annually Year 2:$6,600 per month / $79,200 annually Year 3:$6,700 per month / $80,400 annually Year 4:$6,800 per month / $81,600 annually Year 5:$6,900 per month / $82,800 annually This offering provides investors with a newly renovated asset, contractual rental growth, limited landlord obligations and convenient access to public transportation, employment centers, shopping, dining and central Phoenix amenities. Once the lease is fully executed, all lease terms, rental amounts and income figures presented will reflect the final signed lease and will be 100% accurate as of the lease execution date. Buyer to verify all facts and figures. Location 5038 N 18th Avenue is centrally located in Phoenix's established Alhambra neighborhood, just south of Camelback Road. The property offers convenient access to the Camelback Road and 19th Avenue commercial corridors, Interstate 17, Central Phoenix, Midtown, Downtown Phoenix, and Grand Canyon University. A significant location advantage is the property's proximity to the Valley Metro Rail station at 19th Avenue and Camelback Road, approximately 0.2 miles away. Residents can walk to the station and access employment centers, educational institutions, sporting events, entertainment districts, Downtown Phoenix, Phoenix Sky Harbor International Airport connections, and destinations throughout the Valley Metro system. Area Amenities The surrounding neighborhood provides convenient access to grocery stores, restaurants, coffee shops, pharmacies, banks, fitness centers, medical services, schools, and other everyday necessities. The nearby Camelback Road, Bethany Home Road, 19th Avenue, and Central Avenue corridors offer a broad selection of national retailers, locally owned businesses, and neighborhood services. Residents are also within convenient driving or light-rail distance of: * Uptown Plaza and the Central Avenue dining corridor * The Melrose District's restaurants, boutiques, and locally owned businesses * Steele Indian School Park * Encanto Park and Encanto Golf Course * Phoenix College * Grand Canyon University * Downtown Phoenix's business, educational, medical, and cultural districts Entertainment Venues The property's central location provides access to numerous entertainment, cultural, and sporting destinations. Grand Canyon University's main campus is located at 3300 W Camelback Road and offers collegiate sporting events, concerts, theatrical productions, and other community activities. ([Grand Canyon University][2]) Additional destinations accessible by car or light rail include: * GCU Arena * Footprint Center * PHX Arena and Downtown Phoenix sporting events * Arizona Financial Theatre * Phoenix Convention Center * The Van Buren * Phoenix Art Museum * Heard Museum * Roosevelt Row Arts District * Chase Field * Downtown Phoenix restaurants and nightlife Major Employers The property is positioned near several of Central Phoenix's most significant employment centers. Grand Canyon University is located approximately two miles west of the property, while Banner Health's corporate offices are situated along Central Avenue. Banner-University Medical Center Phoenix, the City of Phoenix, Phoenix College, and Downtown Phoenix's government, healthcare, education, financial, hospitality, and professional-service employers are also readily accessible. Major area employers and employment centers include: * Grand Canyon University * Banner Health and Banner-University Medical Center Phoenix * City of Phoenix * State of Arizona * Phoenix College and the Maricopa County Community College District * Phoenix Union High School District * Maricopa County * Downtown Phoenix financial and professional-service firms * Phoenix Sky Harbor International Airport and its supporting employers Transportation The property offers excellent multimodal transportation access. The 19th Avenue/Camelback Valley Metro Rail station and park-and-ride facility are located approximately 0.2 miles from the property. The station is served by the Valley Metro B Line and connects the neighborhood with Midtown and Downtown Phoenix, Grand Canyon University-area destinations, Phoenix Sky Harbor International ([Valley Metro][1]) Bus service is available along both 19th Avenue and Camelback Road, providing additional connections throughout Central Phoenix. Interstate 17 is approximately one mile west of the property, offering convenient regional access to Downtown Phoenix, the West Valley, North Phoenix, Loop 101, and Interstate 10. The combination of walkable light-rail access, nearby bus routes, major arterial streets, and convenient freeway connectivity makes this location especially attractive to residents seeking transportation flexibility and access to major employment and entertainment destinations.

5038 N 18th Avenue, Phoenix
$2,600,000
6899707 MLS ⋅ 10,033 SqFt. ⋅ 85015 Zip Code
This single-story, and general office & fully leased.... large covered parking that is electric gated. property is located on the highly visible northeast corner of the signalized intersection at 19th Ave and Colter St. It also benefits from proximity to the light rail, Currently, the property consists of three buildings with a total of 10,031 rentable square feet (per the county assessor): Building 1: 2,804 sq. ft. Building 2: 4,422 sq. ft., with [C-O] Commercial Office zoning, suitable for a variety of office or retail uses. Building 3: 2,805 sq. ft.,

5201 N 19th Avenue, Phoenix
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