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$ 4,930,000
Est. payment | /mo
$ 4,930,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Bennett Place D-F K & L
MLS Listing ID 6768625
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1954
Tax Year 2023
Lot Dimensions NA
Property Description
Discover the charm of urban living in the heart of Roosevelt Row, one of downtown Phoenix's most vibrant and eclectic neighborhoods. This 24-unit apartment complex, featuring a mix of 1-bedroom/1-bath units and studio apartments, offers tenants the perfect combination of comfort and convenience. With a total rentable square footage of 8,788 SF, this property is just steps away from boutique restaurants, trendy bars, and unique shopping destinations.
Each unit is individually metered for electricity, providing tenants with independent control over their utilities. The property also includes a community laundry room for added convenience. Currently, all units are occupied by an owner-user, and the owner may consider leasing back some units temporarily, depending on the terms. Please note that all numbers provided in the listing are proforma estimates.
Located in the bustling Roosevelt Row area, this is a prime opportunity for investors seeking stable income and a property with excellent long-term potential.
Please note: Drive-by only. Do not disturb tenants.
Each unit is individually metered for electricity, providing tenants with independent control over their utilities. The property also includes a community laundry room for added convenience. Currently, all units are occupied by an owner-user, and the owner may consider leasing back some units temporarily, depending on the terms. Please note that all numbers provided in the listing are proforma estimates.
Located in the bustling Roosevelt Row area, this is a prime opportunity for investors seeking stable income and a property with excellent long-term potential.
Please note: Drive-by only. Do not disturb tenants.
Location
State AZ
County Maricopa
Community Bennett Place D-F K & L
Zoning R
Interior
Heating Other
Cooling Other
Flooring Ceramic Tile, Vinyl
Appliance Other (See Remarks)
Exterior
Parking Features Other (See Remarks)
Community Features Other
Roof Type Composition
Building
Sewer Other
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 111-40-079
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listed by Clear Commercial Advisors