Listing Courtesy: Better Homes & Gardens Real Estate SJ Fowler - 480-649-3536
Unique W Downtown Phoenix area 16 unit complex. Under $125K/door & $255/sf! 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 4% i/o at 40-50% LTV. New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. All separate electric/gas that is tenant-paid. Four water meters. Zoned R-3. Long-term owner. Rents range from $1000-$1397.
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EXIT REALTY LIVING
1270 E Broadway Rd. Suite 104, Tempe, AZ 85282