920 E Montebello Ave, Phoenix, AZ 85014

Madison at Uptown is a 7 unit apartment community. Built in 1958 and renovated in 2022, the property resides in a residential neighborhood and consists of (6) 1-bed / 1-bath units and (1) 3-bed / 2-bath detached cottage. Five of the seven units have been fully upgraded and the remaining two units will complete renovations by the end of June 2022. Both units will be leased up at market rent. This garden-style community features interior and exterior renovations including new stainless-steel appliances, granite countertops, new cabinets, in-unit washers / dryers, new foam roof / HVAC units, and new water heaters. This quiet apartment community has ample parking using the vacant west-adjacent lot which is being sold separately. The Seller is willing to include a bulk sale of both parcels.