Co-op living is great if you need a space that is maintained like an apartment, but you want to own it. Its great if you don’t expect to be nearby all the time. It’s also great if you like a strong and secure community. The one thing to always remember is that co-ops are always cash only, since you are buying what amounts to a share in a corporate entity. Another thing to remember is that the HOA fees seem really high. However, they cover so much more than most HOAs, often including utilities and taxes.

The price of our listing in midtown has come down a bit and the sellers are very reasonable, though not in a rush. So, have a look.

520 W. Clarendon Ave, Unit G2. $286,000, 2br/1.75 ba, 1,320sf. There are a few pristine co-op apartments still in central and downtown Phoenix. Most were built in the 1960s and only a few maintain that mid-century charm. This is one of them. But, on top of that, the owners of this unit opened up the kitchen since and completely remodeled since they purchased the home in 2021. This home is being sold with all of the unique furniture, as an option for the buyer. This secure community is just steps from dining, light rail and shopping. You can lounge in the pool or chill in the historic commons knowing that your investment is being maintained and cared for as a co-op uniquely is. See the listing and more photos here.