Active
825 N 2ND Avenue
Phoenix AZ, 85003
$4,930,000
Active
Other
Built in 1954
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.
6768625
MLSⓇ ID
October 9, 2024
Listed
October 24, 2024
Updated
Map
825 N 2ND Avenue
Phoenix AZ, 85003
Interior Features
Floor Description
Ceramic Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Roof
Composition
Sewer
Other
School Information
School District
Phoenix Elementary District
Other Property Details
Days on Market
15
Garage
No
Parking
Other (See Remarks)
Parking Total
0
View
No
County
Maricopa
Water Source
See Remarks
Pool
No
Zoning
R
Courtesy of Clear Commercial Advisors
Listing Contact: 602-312-6261
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Agency shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 10:18 PM UTC, 10/24/2024.