Come see this completely renovated, 8 unit cash-flowing property (two separate parcels - residential financing available). Selling at over a 5 Cap on actuals and being located in one of the most high demand neighborhoods in Phoenix, this won't last long. These 2 bed/1 bath units have been fully renovated with laundry hookups. This neighborhood is on fire with new build construction, the expansion of the light rail system, and the Alta Warehouse project just feet away. Walk into downtown and enjoy all of the wonderful dining and entertainment options that make Phoenix so great. Residential Financing available. New roof on 905. 6 of 8 AC units have been replaced recently, the other two are in good, working condition. This stabilized asset is one you won't want to miss.
Off market
Zestimate®
$954,100
901-905 S 2nd Ave, Phoenix, AZ 85003
16beds
1baths
5,200sqft
Multi Family
Built in 1984
-- sqft lot
$954,100 Zestimate®
$183/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 22, 2021 at 01:06am
Listed by:
Tyler Bruggman 480-353-6234,
ABI Multifamily
Bought with:
Tyler Bruggman, SA660047000
ABI Multifamily
Source: ARMLS,MLS#: 6317122

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Built-In Range, Refrigerator
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 5,200
- Total interior livable area: 5,200 sqft
Property
Parking
- Total spaces: 10
- Parking features: >1 Space Per Unit, On Street
- Uncovered spaces: 10
Details
- Parcel number: 11224063
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
Other
Other facts
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
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Estimated market value
$954,100