The Condo Mania Team
SOLD! MLS: 6818904 $150,000
2 Bedrooms with 2 Baths6240 N 16TH STREET#37
PHOENIX AZ 85016MLS: 6818904
Status: SOLD
Closed On: 2025-05-27
Sold Price: $150,000
Sold Price per SqFt: $126
Square Footage: 11912 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
ARMLS JESSICA D NOBLE of LONG REALTY OLD TOWN
Condo Mania Agent
Kristy McCullough
HomeSmart
Real Estate Agent
Phone: 602-999-2246
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Listing Details
STATUS: Closed PROPERTY TYPE: Residential PROPERTY SUB TYPE: Apartment LISTING CONTRACT DATE: 2025-02-11 ON MARKET DATE: 2025-02-11 CLOSE DATE: 2025-05-27 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 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: High Speed Internet, Granite Counters, Eat-in Kitchen, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm 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: 480-256-8802
Property Location: 6240 N 16TH STREET#37 PHOENIX AZ 85016
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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.
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Last Updated: 2025-06-30 10:12:55