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Details

4-Plex investment opportunity in the heart of the Oakland Historic District of Downtown Phoenix. Property consists of two 2 story buildings set to the back of the property with parking lot right off the street. All 4 units are identical 2 bed, 1 bath, 642 sq ft with washer and dryer's. 1 of the 4 units just went through a full renovation in 2023. All units have sub metered water and is billed back to tenants. Only expense is city sewer and trash. Grand Ave corridor has many local shops, restaurants, cafes, brewery, etc. within a block of property. Priced $50/ft or $50K/unit below recently sold renovated complex in neighborhood.

PROPERTY FEATURES

Water Source : City Franchise, Submetered System Sewer Source : Public Sewer Electric : APS, Individual Meter
Community Features : No Pool
Parking Features: Paved Parking, Free, >1 Space Per Unit, Street Parking
Cooling: Central A/C, Heat Pump, Electric, Ceiling Fan(s) Heating : Central, Heat Pump, Electric
Construction Materials: Painted, Stucco, Frame - Wood
Flooring : Carpet, Ceramic Tile, Vinyl

PROPERTY DETAILS

Street Address: 1509 W Pierce Street
City: Phoenix
State: Arizona
Postal Code: 85007
County: Maricopa
MLS Number: 6750467
Year Built: 1983
Courtesy of RETSY

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