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.
©2024 Arizona Regional Multiple Listing Service. All rights reserved.
Data Last Updated: 6:55 PM UTC, 10/14/2024.