Viewing Listing MLS# 7056584
$362,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85009
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1953Year Built
- 0.00Acres
- 73 yearsEst Age
- MLS# 7056584
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market7 days
- AreaN/A
- CountyMaricopa
- Subdivision Wormsers Addition Block 1
Overview
EXCEPTIONAL INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This single-story, four-unit multifamily property, built in 1953, presents an outstanding value-add opportunity for investors. The property features four 1-bedroom, 1-bath units, all currently vacant and ready for renovation, providing a blank canvas to maximize your investment vision. Prime Location: Conveniently located near US-60 (Grand Avenue) with easy access to I-10, I-17, and Loop 202, offering seamless connectivity throughout the Phoenix metro area. Future Growth Potential: A planned light rail extension along Van Buren is expected to further enhance accessibility and position this property within a growing transit-oriented corridor. Excellent Convenience: Just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, making it an attractive location for future tenants seeking easy access to employment, entertainment, and transportation. The property requires renovation to address deferred maintenance, and the competitive list price reflects this exceptional opportunity. With strong rental demand and significant upside potential, this is your chance to transform a distressed asset into a high-performing investment.
Agriculture / Farm
Association Fees / Info
Community Features: Other
Hoa: No
Bathroom Info
Building Info
Construction Materials: Painted, Block
Roof: Composition
Exterior Features
Financial
Owner Pays: Water,Sewer
Garage / Parking
Parking Features: Assigned
Interior Features
Flooring: Laminate
Appliances: Refrigerator
Lot Info
Lot Size: 69 X 113
Number of Buildings: 2
Other School Info
Property Info
Road Surface Type: Concrete
Zoning: R-4
Tax Info
Tax Legal Description: WORMSERS ADD LOT 1 BLK 2 N2 OF S2 S2 EX S 19.125' & EX W 190' & EX E 5' & ALSO S 8.25' S2 N2 S2
Tax Amount Annual: 656
Unit Info
Total Units: 4
Utilities / Hvac
Water Source: Master Meter
Electric: APS, Individual Meter
Cool System: None
Heating: Electric, Natural Gas
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Schools
Elem: William R Sullivan Elementary School
Middle: William R Sullivan Elementary School
High: Carl Hayden High School
Directions
Turn south on 33rd avenue and property is on the West side of the street
Listings courtesy of Jm Realty
MLS# 7055964 
