1509 W Pierce Street Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85007
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision West Lawn
MLS Listing ID 6750467
Maintenance Fees $2,997
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $1,148
Tax Year 2023
Lot Dimensions 50 X 127
Property Description
4-Plex investment opportunity in the heart of the Oakland Historic District of Downtown Phoenix. Property consists of two 2 story buildings set to the back of the property with parking lot right off the street. All 4 units are identical 2 bed, 1 bath, 642 sq ft with washer and dryer's. 1 of the 4 units just went through a full renovation in 2023. All units have sub metered water and is billed back to tenants. Only expense is city sewer and trash. Grand Ave corridor has many local shops, restaurants, cafes, brewery, etc. within a block of property. Priced $50/ft or $50K/unit below recently sold renovated complex in neighborhood.
Location
State AZ
County Maricopa
Community West Lawn
Zoning R-5
Direction Take 7th St exit off the I-10. Head south on 7th St, take a right on Roosevelt, take left on 15th Ave, right on Pierce, and 4plex is 3rd property on the left.
Interior
Heating Central,Heat Pump,Electric
Cooling Central A/C,Heat Pump,Electric,Ceiling Fan(s)
Flooring Carpet,Ceramic Tile,Vinyl
Appliance BI Oven/Range,Microwave,Washer/Dryer
Exterior
Parking Features Paved Parking,Free,>1 Space Per Unit,Street Parking
Community Features No Pool
Roof Type Composition
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise,Submetered System
New Construction No
Schools
Elementary Schools Capitol Elementary School
Middle Schools Capitol Elementary School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-25-163
Acceptable Financing No Carry,Conventional,FHA,VA Loan
Listing Terms No Carry,Conventional,FHA,VA Loan