About The Property

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from PhoenixRead MoreRead Less
Courtesy of JM Realty 480-785-5612
Listing Snapshot
Days Online
354
Last Updated
Property Type
Multiple Dwellings
Year Built
1952
MLS Number
6785949
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Building
Built in 1952, Construction materials: "Painted", "Block", 22 total units
Floors
"Vinyl", "Concrete"
Parking
"Paved", "On Street", 13 total parkings
Property
Zoning: C3
Roof
"Tile"
Sewer
"Public Sewer"
Taxes
Annual amount: $6,034, Lot: 11
Utilities
"APS"
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30 Days Snapshot Of 85009
$282k
-3%
(avg) sold price
6
-45%
homes sold
145
+85%
(avg) days on market
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Monthly Payment
$0

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