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MLS: 6818904     $220,000
2 Bedrooms with 2 Baths

MLS: 6818904 Condo For Sale
6240 N 16TH STREET#37
PHOENIX AZ 85016

MLS:  6818904
Status:  ACTIVE
List Price:  $220,000
Price per SQFT:  $185
Square Footage:  1191

2 Bedrooms
2 Baths
Year Built:  1968
Zip Code:  85016

 

Listing Remarks

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.

Address: 6240 N 16TH STREET#37 PHOENIX AZ 85016

MLS Logo  ARMLS JESSICA D NOBLE of LONG REALTY OLD TOWN

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Condo Mania Agent

Featured Real Estate Agent Kristy McCullough

Kristy McCullough

HomeSmart
Real Estate Agent
Phone: 602-999-2246

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Apartment
LISTING CONTRACT DATE:2025-02-11
ON MARKET DATE:2025-02-11
BEDROOMS:2
BATHROOMS:2
LIVING AREA SQ FT:1191
LIVING AREA SOURCE:Assessor
YEAR BUILT:1968
TAXES:$585
HOA/MGMT CO:Los Blanco Condo
HOA/MGMT PHONE:623-691-6500
HOA FEES FREQUENCY:Monthly
HOA FEES:$680
HOA INCLUDES:Electricity, Roof Repair, Insurance, Sewer, Maintenance Grounds, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior
HOA AMENITIES:Management
COMMUNITY FEATURES:Community Pool, Community Laundry
ARCHITECTURAL STYLE:Contemporary
BUILDER NAME:Unknown
CONSTRUCTION:Stucco, Painted, Block
FIREPLACE:None
FLOORING:Tile
HEATING:Electric
COOLING:Central Air, Ceiling Fan(s)
INTERIOR FEATURES:Eat-in Kitchen, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
LAUNDRY FEATURES:See Remarks, None
LOT FEATURES:Dirt Front, Dirt Back
# GARAGE SPACES:0
# CARPORT SPACES:1
PARKING FEATURES:Assigned
COMMON WALLS:Two Common Walls, Neighbor Above
ROOF:Built-Up
STORIES TOTAL:2
LEGAL DESCRIPTION:LOT 37 LOS BLANCOS CONDOMINIUMS MCR 000014
LISTING AGENT:JESSICA D NOBLE
LISTING OFFICE:LONG REALTY OLD TOWN
LISTING CONTACT:480-518-0448

Estimated Monthly Payments

List Price:$220,000
20% Down Payment:$44,000
Loan Amount:$176,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$1,112

Estimate does not include taxes, fees, insurance.

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Property Location: 6240 N 16TH STREET#37 PHOENIX AZ 85016


Blue Marker: This Listing               Red Marker: Active Listings Nearby

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Condo Mania Agent

Featured Real Estate Agent Melody Holehan-Kopas

Melody Holehan-Kopas

HomeSmart
Real Estate Agent
Phone: 623-910-5788

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ARMLS Logo ARMLS Logo indicates a property listed by a real estate brokerage other than Homesmart. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on information from the Arizona Regional Multiple Listing Service. Copyright © 2025. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2025-04-18 00:56:30