$1,300,000
$1,399,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/20/2025
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6819340
Sold Date 08/20/25
Year Built 1895
Annual Tax Amount $1,252
Tax Year 2024
Lot Dimensions 99'x128'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
(Owner willing to carry at 5% for 5 years with 20% down!) These charming 7 units in the heart of Downtown Phoenix will be a great cash-cow to add to your portfolio. With an attractive mix of studios, 1-bedroom, and 2-bedroom units, you will appeal to all tenant types. Some units feature 10+ foot ceilings and historic, grand fireplaces, and all have renovated interiors and a wonderful, inviting front yard and courtyard. Along with onsite laundry, this gem has attracted and welcomed a great tenant base.
Located only a short distance from all of the entertainment, shopping, and culinary attractions of downtown, this is a great investment that will yield great returns for many years to come.
Inquire about this great investment while it's still available!
Location
State AZ
County Maricopa
Zoning R-5
Direction 15th Avenue and Fillmore, go west to property.
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile, Vinyl
Appliance Built-In Range, Refrigerator, Washer/Dryer
Exterior
Parking Features Paved, 1 Space/Unit, On Street, Carport
Community Features Other
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 111-26-111
Acceptable Financing Owner May Carry, Conventional, 1031 Exchange
Listing Terms Owner May Carry, Conventional, 1031 Exchange
Financing Carryback
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Bought with Paramount Management & Realty, LLC
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Partner | Lic# SA109435000