825 N 2nd Avenue Phoenix, AZ 85003
Listing Courtesy of: Arizona Regional MLS / Clear Commercial Advisors

  825 N 2nd Avenue Phoenix, AZ 85003

Active (78 Days)

Description

Discover the charm of urban living in the heart of Roosevelt Row, one of downtown Phoenix's most vibrant and eclectic neighborhoods. This 24-unit apartment complex, featuring a mix of 1-bedroom/1-bath units and studio apartments, offers tenants the perfect combination of comfort and convenience. With a total rentable square footage of 8,788 SF, this property is just steps away from boutique restaurants, trendy bars, and unique shopping destinations.

Each unit is individually metered for electricity, providing tenants with independent control over their utilities. The property also includes a community laundry room for added convenience. Currently, all units are occupied by an owner-user, and the owner may consider leasing back some units temporarily, depending on the terms. Please note that all numbers provided in the listing are proforma estimates.

Located in the bustling Roosevelt Row area, this is a prime opportunity for investors seeking stable income and a property with excellent long-term potential.

Please note: Drive-by only. Do not disturb tenants.

MLS #:
6768625
Type
Multifamily
Year Built
1954
County
Maricopa County

Listed By

Donald Peper, Clear Commercial Advisors
Source
Arizona Regional MLS
Last checked Dec 26 2024 at 12:48 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Other
Flooring
  • Vinyl
  • Ceramic Tile
Exterior Features
  • Frame - Wood
  • Painted
  • Roof: Composition
Utility Information
  • Sewer: Other
Parking
  • Other (See Remarks)
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 12/26/24 04:48.