Seller Financing
Address
2536 W Adams Street Phoenix, AZ
Price
$ 985,000
Property Attributes
  • MLS#6199002
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodWarren Tract Blk 2
  • Zip85009
  • Style
  • Year Built1930
  • Taxes801
  • Price$ 985,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2300
Listing Provided Courtesy Of:
Haddad Realty
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Remodeled 2bd house and 2 duplex buildings. total 5 units. Pandemic proof solid tenants 2.5 year STRONG leases 6.61% CAP ROI. Property surrounded by single family homes. Great unit mix, huge private yards. Individual electric meters. Maintenance free property w/ tenant agreement to perform management maintenance and repairs. Perfect for out of state or in state landlord without the rental headaches. Area in demand for rental units and air bnb. minutes to freeways downtown Phoenix and State Capitol. Seller may carry 40% down at 9% short term.

Price History
2/25/2021 Listed $985,000

General Features

1 Bedroom Units: Avg Rent 950.00
2 Bedroom Units: Avg Rent 1750.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Cooling Individual, Window/Wall Unit
Electric APS, Individual Meter
Exterior Features RV/Boat Parking
Features No Pool
Gas Y/N Individual Meter, SW Gas
Heating Electric, Individual, Window/Wall Unit(s)
Map Code/Grid Q33
Net Income 65100.00
New Financing Conventional, Other (See Remarks), Seller May Carry, Trade
Owner Pays Sewer, Trash Collection, Water
Parking None
Property Type F
Roof Comp Shingle
School District 001 - Phoenix Elementary District
Sewer Sewer - Public, Sewer-In & Connected
Special Owner/Agent
Status Active
Subdivision WARREN TRACT BLK 2
Tenant Pays Electric, Gas
Water City Franchise, Master Meter
Year Built 1930
Zoning r3?

Interior Features

1 Bedroom Units: # 1 Bedroom Units 4
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 400
2 Bedroom Units: # 2 Bedroom Units 1
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 700
Appliances Included None
Floors Ceramic Tile, Concrete
Total Number of Units 5.00

Exterior Features

Public Remarks Remodeled 2bd house and 2 duplex buildings. total 5 units. Pandemic proof solid tenants 2.5 year STRONG leases 6.61% CAP ROI. Property surrounded by single family homes. Great unit mix
Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Total Parking Spcs 8.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85009

Price
AVG $780K
$990K
Taxes
AVG $1,724
$801
Visits
AVG 57
48
Year Built
AVG 1956
1930

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