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Get in on this W Downtown Phoenix area that is on the rise! New construction across the street. 9 of the 16 units have been upgraded in the last few years. Exudes upside potential. ATTRACTIVE SELLER FINANCING is available for around 50% LTV. The opportunity consists of 16 units (all 1 bedroom/1 bathroom (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.PROPERTY FEATURES
Water Source :
Other, See Remarks, City Franchise
Sewer Source :
Sewer-In & Connected, Public Sewer
Electric :
APS, Individual Meter
Community Features :
Other, See Remarks
Parking Features:
Other (See Remarks), Assigned, Add'l Parking Avail, >1 Space Per Unit, Common
Cooling:
Other, See Remarks, Electric, Wall/Window Unit(s), Ceiling Fan(s)
Heating :
Other, See Remarks, Individual, Heat Pump, Window/Wall Unit(s), Electric
Construction Materials:
See Remarks, Brick Veneer, Brick
Flooring :
Other, Ceramic Tile, Vinyl
PROPERTY DETAILS
Street Address: 2102 W ADAMS Street
City: Phoenix
State: Arizona
Postal Code: 85009
County: Maricopa
MLS Number: 6749136
Year Built: 1921
Courtesy of Better Homes & Gardens Real Estate SJ Fowler
City: Phoenix
State: Arizona
Postal Code: 85009
County: Maricopa
MLS Number: 6749136
Year Built: 1921
Courtesy of Better Homes & Gardens Real Estate SJ Fowler
Courtesy of Premier Haven Management Solutions, LLC