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  1. Home
  2. /Phoenix, AZ
  3. /6240 N 16th St
  4. /37 - 6240 N 16TH Street
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$199,000est. $1,006 MortgageInfo icon

37- 6240 N 16TH Street, Phoenix, AZ 85016

6240 N 16th St

BEDS

beds

2

BATHS

baths

2

PARKING

parking

-

SQFT

sqft
1191

Description

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.

Description

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.
listing image
listing image 2
listing image 3
37 - 6240 N 16th St
$199,000
est. $1,006.25 MortgageInfo icon

37 - 6240 N 16th St

6240 N 16TH Street #37, Phoenix, AZ 85016

BEDS

beds

2

BATHS

baths

2

PARKING

parking

-

SQFT

sqft

1,191

Description

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.

Description

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.

6240 N 16th St Market Stats Last 12 months

LOCKER
Contact Us for Info

POSSESSION
Close Of Esc
HOA FEESinfo
$680.35 /Monthly

OUTDOOR SPACE
Contact Us for Info
TAXES
$585 (2024)

BUILDING AGE
58 Years
BASEMENT FEATURE
Contact Us for Info

PRICE PER SQFTinfo
$167

Market Stats

HOA FEESinfo
$680.35 /Monthly

OUTDOOR SPACE
Contact Us for Info
TAXES
$585 (2024)

BUILDING AGE
58 Years
BASEMENT FEATURE
Contact Us for Info

PRICE PER SQFTinfo
$167

Amenities

Parking
Parking
-
Locker
Locker
Concierge
Concierge
-
Elevator(s)
Elevator(s)
-
Central AC
Central AC
Check Icon
Pool
Pool
-
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
-

Amenities

Unit
Building

Policies

Pet Allowed
Pet Allowed
-
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Unit Price History

DateMLSStatusPrice
May 2025MLS#: 6818904Closed$150,000
Dec 2015MLS#: 5298125Closed$100,500

Unit Price History

$150,000

Closed

May 2025MLS#: 6818904

$100,500

Closed

Dec 2015MLS#: 5298125

Monthly Payment Calculator

$1,789 / Monthly

All calculations are estimates and provided by HelloCondo.com
for informational purposes only. Actual amounts may vary.

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Monthly Payment Calculator

$1,789
Est.
Listing Price
Down Payment
Interest Rate
Terms
Listing Price
Down Payment
Interest Rate
Terms
$1,789 / Monthly

All calculations are estimates and provided by HelloCondo.com for informational purposes only. Actual amounts may vary.

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Monthly Mortgage: $1,006
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The Neighborhood: 6240 N 16th St, Phoenix, AZ

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  1. Home
  2. /Phoenix, AZ
  3. /6240 N 16th St
  4. /37 - 6240 N 16TH Street
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