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Michelle Quackenbush

azbrokeronline@gmail.com +1(602) 999-2627

$ 4,930,000

Est. payment -/mo

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Active

825 N 2ND Avenue Phoenix, AZ 85003

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Bennett Place D-F K & L

MLS Listing ID 6768625

Year Built 1954

Tax Year 2023

Lot Dimensions NA

Source Arizona Regional Multiple Listing Service (ARMLS)

Property 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.

Location

State AZ

County Maricopa

Community Bennett Place D-F K & L

Zoning R

Interior

Heating Other

Cooling Other

Flooring Ceramic Tile, Vinyl

Appliance Other

Exterior

Parking Features Other

Community Features Other

Roof Type Composition

Private Pool No

Building

Sewer Other

Water See Remarks

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-40-079

Acceptable Financing Other (See Remarks)

Disclosures Other (See Remarks)

Listing Terms Other (See Remarks)

Listed by Clear Commercial Advisors

Michelle Quackenbush

Agent

+1(602) 999-2627

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