2102 W ADAMS Street, Phoenix, AZ 85009 - MLS#6749136 - Ryan Ney

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Ryan Ney

My Home Group Real Estate

ryan@realscottsdalehomes.com +1(480) 566-9249

$2,220,000

Est. payment - /mo

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UPDATED:

12/18/2024 04:05 PM

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

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.

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

Parking Features Other (See Remarks), Assigned, Add'l Parking Avail, >1 Space Per Unit, Common

Community Features Other, See Remarks

Roof Type Composition

Total Parking Spaces 32

Building

Sewer Sewer-In & Connected, Public Sewer

Water Other, See Remarks, City Franchise

New Construction No

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

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Listed by Better Homes & Gardens Real Estate SJ Fowler

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Ryan Ney

+1(480) 566-9249

Realtor® ~ Team Leader | SASA548713000

Realtor® ~ Team Leader SASA548713000

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