Unique W Downtown Phoenix area 16 unit. Hard to beat price of $138,750/unit. 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 50% LTV or discounted cash offers. New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample 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. 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%; $1,155,000 balance; '32 balloon). Long-term owner. Rents range from $1000-$1397.
Other (See Remarks), Assigned, Add'l Parking Avail, >1 Space Per Unit, Common
Other (See Remarks), BI Oven/Range, F/S Oven/Range, Microwave, W/D Hookup
Other, See Remarks, Individual, Heat Pump, Window/Wall Unit(s), Electric
Other, See Remarks, Electric, Wall/Window Unit(s), Ceiling Fan(s)
See Remarks, Brick Veneer, Brick
Phoenix Union High School District
Better Homes & Gardens Real Estate SJ Fowler
Date | Details | Change |
---|---|---|
Price Reduced from $2,320,000 to $2,220,000 | ||
Price Reduced from $2,400,000 to $2,320,000 |
Better Homes & Gardens Real Estate SJ Fowler.
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Listing information last updated on December 22nd, 2024 at 8:30pm MST.