Active

2102 W ADAMS Street

Phoenix AZ, 85009

$2,400,000


Active

Other

Built in 1921

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.

6749136

MLS ID

August 27, 2024

Listed

October 14, 2024

Updated

Map

2102 W ADAMS Street
Phoenix AZ, 85009

Interior Features

Floor Description

Other, Ceramic Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Other, See Remarks, Electric, Wall/Window Unit(s), Ceiling Fan(s)


Heating

Yes


Heating Description

Other, See Remarks, Individual, Heat Pump, Window/Wall Unit(s), Electric

Exterior/Building Features

Roof

Composition


Sewer

Sewer-In Connected, Public Sewer

School Information

School District

Phoenix Elementary District

Other Property Details

Taxes

$518


Tax Frequency

Annually


Days on Market

40


Garage

No


Parking

Other (See Remarks), Assigned, Addl Parking Avail, 1 Space Per Unit, Common


Parking Total

32


View

No


County

Maricopa


Water Source

Other, See Remarks, City Franchise


Pool

No


Zoning

R-3

Courtesy of Better Homes & Gardens Real Estate SJ Fowler

Listing Contact: 602-672-3526 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Karen Stroble shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 6:55 PM UTC, 10/14/2024.

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