About 2601 E PARADISE Lane, Phoenix, Arizona, 85032
Six unit compound in nicely gentrifying N. Phoenix area. Zoned R-3. Three separate buildings compromising close to 7000 sf! The two duplex buildings have 1 bedroom/1 bathroom units (588 sf) to comprise 4 total units (2352 tsf). As well, there is a huge duplex (4433 sf) used as a rooming house with an emphasis on sober living (Steps House Center for Healing). Well-respected in the community and operating for many years. It has 7 bedrooms/6 bathrooms over two levels. There is a large pool/rec area that is another 1498 sf unfinished. 6785 tsf finished; 8283 tsf with the pool room-wow! Huge 35,480 sf lot (.81 acres) that has nice block wall privacy, along with a large courtyard. Ample parking. Value-add property. Excellent income with a potential 10+ CAP.
Electric : APS
Water Source : City Franchise
Sewer Source : Public Sewer
Community Features : Other, See Remarks, Barbecue, Play Area, Game/Rec Room, Clubhouse, Pool
Parking Features: Other (See Remarks), Free, Add'l Parking Avail, >1 Space Per Unit
Cooling: Central A/C, Heat Pump, Electric, See Remarks
Heating : Heat Pump, Electric, Other, See Remarks
Construction Materials: Painted, Stucco, Block
Electric : APS
Water Source : City Franchise
Sewer Source : Public Sewer
Community Features : Other, See Remarks, Barbecue, Play Area, Game/Rec Room, Clubhouse, Pool
Parking Features: Other (See Remarks), Free, Add'l Parking Avail, >1 Space Per Unit
Cooling: Central A/C, Heat Pump, Electric, See Remarks
Heating : Heat Pump, Electric, Other, See Remarks
Construction Materials: Painted, Stucco, Block

Street Address: 2601 E PARADISE Lane
City: Phoenix
State: Arizona
Postal Code: 85032
County: Maricopa
Directions: Cave Creek Rd north of Greenway to Paradise.

Property Information :
Listing Status: Withdrawn
MLS #: 6583938
Bathrooms: 0 ba
Price: $1,075,000
Tax Amount: 1981
Construction Status: Built in 1984
Last Modified : Jan 28 2025 9:55AM

Courtesy of: James Stephens, Better Homes & Gardens Real Estate SJ Fowler (MLS# sjfl03)
Source MLS: ARMLS