Excellent investment opportunity in the heart of Phoenix. Fully occupied 4 unit garden style building in The Garfield District. Completely renovated building with new kitchens, bathrooms, flooring, fixtures, private yards and parking. This a a turn-key cash flow opportunity with long term leases in place and a 6.5% CAP Rate. Centrally located near ASU, UofA, Banner, VA and all the lifestyle services Downtown Phoenix has to offer.
Off market
$718,200
1530 E Pierce St, Phoenix, AZ 85006
--beds
0baths
1,920sqft
MultiFamily
Built in 1936
-- sqft lot
$718,200 Zestimate®
$374/sqft
$1,910 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Evaporative
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Linoleum / Vinyl
Interior area
- Total interior livable area: 1,920 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 6,969 sqft
Details
- Parcel number: 11619183
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
- Roof: Other
Condition
- Year built: 1936
Utilities & green energy
- Electric: APS
- Gas: SW Gas
- Sewer: Sewer - Public
Community & neighborhood
Location
- Region: Phoenix
Other
Other facts
- Ownership: Fee Simple
- Community Amenities: No Pool
- Cooling: Electric Refrigeratd
- Exterior Amenities: Patio/Balcony, Fenced, Partially Fenced
- Gas: SW Gas
- Heating: Electric, Individual
- Parking: 1 Space/Unit, Paved Parking, Street Parking
- Project Type: Four Plex
- Sewer: Sewer - Public
- Water: City Franchise
- Construction: Frame - Wood
- Const - Finish: Painted, Stucco
- Roofing: Comp Shingle
- Floors: Vinyl/Composition, Ceramic Tile
- Appliances Included: F/S Oven/Range, Refrigerator, Microwave
- Owner Pays: Water, Sewer, Trash Collection
- Tenant Pays: Electric, Gas
- Source of Fincl Data: Provided by Owner
- New Financing: Conventional
- Sale Includes: Building(s) Only
- Electric: APS
- Jr. High School: Phoenix Prep Academy
- Tax Municipality: Phoenix
- Status - Contingent: UCB (Under Contract-Backups)
- High School: North High School
- Elementary School: Garfield School
- Tax Year: 2019
- Roads/Streets: Asphalt
- Ownership: Fee Simple