2102 W ADAMS Street Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85009
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Capitol Addition
MLS Listing ID 6749136
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1921
Annual Tax Amount $518
Tax Year 2023
Lot Dimensions 36400
Property Description
Get in on this W Downtown Phoenix area that is on the rise! New construction across the street. 9 of the 16 units have been upgraded in the last few years. Exudes upside potential. ATTRACTIVE SELLER FINANCING is available for around 50% LTV. The opportunity consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7811 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample interior 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. (USPS addresses differ). 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%; $1,200,00 balance; 2032 balloon). Long-term owner. Value-add with pro forma #'s.
Location
State AZ
County Maricopa
Community Capitol Addition
Zoning R-3
Direction Just east of the I-17; south of the I-10; and south of Van Buren St.
Interior
Heating Other,See Remarks,Individual,Heat Pump,Window/Wall Unit(s),Electric
Cooling Other,See Remarks,Electric,Wall/Window Unit(s),Ceiling Fan(s)
Flooring Other,Ceramic Tile,Vinyl
Appliance Other (See Remarks),BI Oven/Range,F/S Oven/Range,Microwave,W/D Hookup
Exterior
Garage Other (See Remarks),Assigned,Add'l Parking Avail,>1 Space Per Unit,Common
Community Features Other,See Remarks
Waterfront No
Roof Type Composition
Parking Type Other (See Remarks),Assigned,Add'l Parking Avail,>1 Space Per Unit,Common
Total Parking Spaces 32
Building
Sewer Sewer-In & Connected,Public Sewer
Water Other,See Remarks,City Franchise
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 109-32-095
Acceptable Financing Other (See Remarks),Conventional,Owner May Carry,Wraparound
Listing Terms Other (See Remarks),Conventional,Owner May Carry,Wraparound