Listing Courtesy of: James C Stephens - Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
$2,320,000
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2102 W ADAMS Street Phoenix, AZ 85009
Multi-Family
Residence
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Baths
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Unique W Downtown Phoenix area 16 unit complex. New construction across the street. 9 of the 16 units have recently been upgraded with mostly newer roofs. Exudes upside potential. ATTRACTIVE SELLER FINANCING is available up to 55% LTV +/-. The opportunity consists of 16 units (all 1 bedroom/1 bathr...oom (488/sf /-). 7811 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample interior surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. (USPS addresses differ). All separate electric/gas. Four water meters. Zoned R-3. Add units or split up the complex. Another option is assumable agency debt (3.87%; $1,200,00 balance; 2032 balloon). Long-term owner. Value-add with pro forma #'s.
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MLS#
6749136
Property Type
Multi-Family
Year Built
1921
Sewer
Other, Public Sewer
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