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Off market
  • $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

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    $5,296/mo

    Est. payment

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    $5,296/mo

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    What's special

    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.

    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#: 6317122MLS Logo

    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