2102 W Adams Street , Phoenix, AZ 85009
Phoenix, AZ 85009
Description
Unique complex in a highly gentrifying W Downtown Phoenix neighborhood. Exudes upside potential. 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 +/-) with a shared parking area. 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). About 50% of these have been upgraded to various levels. Separate utilities (electric/gas). Zoned R-3. Add units or split up the complex. Assumable agency debt (3.87%; $1,200,000 balance; 2032 balloon). Long term owner. Several completed new construction projects & many owner-occupants as neighbors. Value-add opportunity offering different use plays. PTAC heat/cool.
Details
| MLS# | 6749136 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1921 |
| Days On Site | 11 |
| Listing Provided By | Better Homes & Gardens Real Estate SJ Fowler | James C Stephens |
Features
| Car Port | Yes |
|---|---|
| Units | 16 |
| Building(s) | 9 |
| Zoning | R-3 |
| Acreage | 36400.00 |
Market Activity 85009
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Learn More About This Property
| State | AZ |
|---|---|
| County | Maricopa |
| City | Phoenix |
| Zip Code | 85009 |
| Area | Maricopa |
| Community Name | CAPITOL ADDITION |
| School District | Phoenix Union High School Distri |
| Elementary School | Phoenix Elementary District |
| Listing VS Median (in CAPITOL ADDITION) | |
Price: $2,400,000 low | high Med: $327,950 On Site: 11 low | high Med: 32.500000 | |
"All information should be verified by the recipient and none is guaranteed as accurate by ARMLS"