Immediate positive Cash Flow on this 4-plex. When fully occupied the current rental income is $ 1960. This is a 12 cap rate investment so don't miss this opportunity. Walk to State Capitol, buses to downtown. Easy access to I-17 and I-10. Near future light rail line. Seller can provide 1 year financing for 90% of the purchase price - no points, no borrower qualification required. Or owner can carry a second position loan if conventional financing used. New Central AC and heating, May 2009. New Roof, May 2009 and sewer line recently replaced. Large 11,900 sf lot so expansion is possible!**Number on building is 2036**
Off market
Street View
Zestimate®
$492,400
2038 W Adams St, Phoenix, AZ 85009
--beds
--baths
2,592sqft
MultiFamily
Built in 1961
-- sqft lot
$492,400 Zestimate®
$190/sqft
$1,462 Estimated rent
Owner options
What's special
Facts & features
Interior
Heating
- Forced air
Cooling
- Central
Interior area
- Total interior livable area: 2,592 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 0.27 Acres
Details
- Parcel number: 10931065A
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Built-up
Condition
- Year built: 1961
Community & neighborhood
Location
- Region: Phoenix
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Estimated market value
$492,400