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2102 W ADAMS StreetPhoenix, AZ 85009
Unique W Downtown Phoenix area 16 unit complex. New construction across the street. 9 of the 16 units have recently been upgraded with mostly newer roofs. Exudes upside potential. ATTRACTIVE SELLER FINANCING is available up to 55% 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.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $2,320,000 | |
| 3 months ago | Listing first seen on site |
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Data Last Update: 2024-10-30 12:00 AM UTC
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