2102 W Adams Street Phoenix, AZ 85009
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James "Cass" Stephens

  2102 W Adams Street Phoenix, AZ 85009

Active (88 Days)

Description

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 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.

MLS #:
6749136
Taxes
$518
Type
Multifamily
Year Built
1921
County
Maricopa County

Listed By

James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler
Source
Arizona Regional MLS
Last checked Nov 21 2024 at 6:20 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Electric
  • Window/Wall Unit(s)
  • Heat Pump
  • Individual
  • See Remarks
  • Other
  • Ceiling Fan(s)
  • Wall/Window Unit(s)
Flooring
  • Vinyl
  • Ceramic Tile
  • Other
Exterior Features
  • Brick
  • Brick Veneer
  • See Remarks
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer, Sewer-In & Connected
Parking
  • Common
  • >1 Space Per Unit
  • Add'L Parking Avail
  • Assigned
  • Other (See Remarks)
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Listing Data Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 11/20/24 22:20.