2014 E SWEETWATER Avenue, Phoenix, AZ 85022 (MLS# 6977241)

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

Listing Office: XCD Realty & Property Mgmt

Last Updated: August - 03 - 2026