$340,000
$369,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/30/2021
Key Details
Sold Price $340,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Addition
MLS Listing ID 6193971
Sold Date 04/30/21
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1916
Annual Tax Amount $681
Tax Year 2020
Lot Dimensions 125' x 50'
Property Description
Excellent value-add investment opportunity in downtown Phoenix The main house (768 s.f.) has 1 bedroom and a living area. The middle (624sf) is a studio that is presently rented month to month. Potential unit in the historic rear building which is unfinished with only exterior walls. Rear building may be a tear down? Separate electric meters. Permitted electrical upgrades in the front two buildings were done in 2000. Freshen up the two front buildings for full income potential. Located in a low vacancy area in the heart of downtown Phoenix. Minutes to ASU!!
Location
State AZ
County Maricopa
Community University Addition
Zoning R-5
Direction From Roosevelt St and 7th Avenue. West on Roosevelt to 10th Ave. South on 10th Ave to property on east side of street.
Interior
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Flooring Concrete
Appliance None
Exterior
Parking Features Paved Parking
Community Features No Pool
Amenities Available None
Roof Type Composition
Total Parking Spaces 2
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-29-093
Acceptable Financing No Carry
Listing Terms No Carry
Financing Cash
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Bought with eXp Realty
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