AZ
Maricopa
Phoenix
85009
1945 W VAN BUREN Street
1945 W VAN BUREN Street, Phoenix, AZ 85009
Listing Type
multi family
Listing Status
active
22
$1,535,000

Home Details for 1945 W VAN BUREN Street

Price
$1,535,000
Type
Multiple Dwellings
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1952
County
Maricopa
Garage
Days on site
13
Listing #
6785949
Listing courtesy: JM Realty - 480-785-5612
Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

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Last Updated: 2024-11-20 08:13:28
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EXIT REALTY LIVING
1270 E Broadway Rd. Suite 104, Tempe, AZ 85282
Office
480 791 4604
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