9638 N 16th St., Phoenix, AZ 85020

9638 N 16th St., Phoenix, AZ 85020
Photo 1 of 1
$368,000
Sold on 7/02/19
Beds Baths Sq. Ft. Taxes Built
6 4.00 2,625 $2,200 1939
On the market: 76 days
View full details, 15 photos, school info, and price history
INCOME PROPERTY! – This is a 1539sqft home and 2 detached casitas on a .56-acre lot! This would make a great investment property, OR a family home with 2 rentals, OR a multi-generational property. Current rental rates in the area over the last 6 months support $3,000/mo total for the property based on square footage. The 3 homes total 2625sq ft of living space with 6 bedrooms and 4 full baths. The main house is a 3/2 with a laundry room and attached 2-car garage. The roof was re-coated in 2019 and all gutters and drainage have been designed to support the edible date palm, fig, lemon, and many other nitrogen-restorative trees in the front yard. The 622sf casita, B, has 2 bedrooms, 1 bathroom, a living room, and a kitchen. The 462sf casita, C, has 1 bedroom, 1 bathroom, a living room, and a small kitchenette. The back door of Casita C opens to a rear patio, edible garden, and city light views where the sunsets put on a show every night. Between B and C sits a small shed with 2 full size washer/dryer sets with water heaters, one set for each casita. B has captured $850/mo. in rent and C has captured $650/mo. You must see this fully functional urban garden on a hillside alcove of the Phoenix Mountain Preserve! The property has been used by the homeowner, a stormwater management engineer, as a demonstration site for rehabilitating dead, desert land into fertile wildland that used to cover most of Arizona. Water drainage filtration into the property is designed to clean and utilize stormwater runoff. The cisterns on site capture rainwater from the roof of the homes to support the trees and gardens. PLEASE DO NOT TOUCH THE CHICKEN FENCING – it is electrified. Please do not disturb the lambs on-site. Additional information regarding the urban farm/wildland restoration is available upon request.
Listing courtesy of Joseph Gill & Christopher Altman