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Veronica Sigala

veronica@lifestyleandlistings.com +1(949) 933-4137

$1,750,000

Est. payment - /mo

8 Beds

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision El Fresnal

MLS Listing ID 7100598

Bedrooms 8

Year Built 2019

Annual Tax Amount $6,409

Tax Year 2025

Lot Dimensions 50 x 140

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

**RARE 5-Unit INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN PHOENIX!** Located in the desirable Woodland Historic District, this unique property offers incredible versatility with a modern single-family residence and four additional 1-bedroom apartments, all built in 2019! Whether you're looking to expand your investment portfolio, generate multiple rental income streams, or live on-site while renting out the additional units, this property offers endless possibilities!

The spacious main residence features 4 bedrooms, 3.5 bathrooms, a den, bonus room, and a 1-car garage. Modern finishes include quartz countertops, stainless steel appliances, vaulted ceilings, and a walk-out patio. Quality block construction and a tile roof add to the appeal. Each of the four 1-bedroom apartments features a spacious great room, full kitchen, private bathroom, and its own washer and dryer. Covered parking and a gated courtyard provide added convenience and privacy.

LOCATION, LOCATION, LOCATION! Enjoy easy access to everything Downtown Phoenix has to offer, including the Roosevelt Row Arts District, CityScape, ASU Downtown Campus, professional sporting events, entertainment venues, restaurants, shopping, and vibrant nightlife. An incredible opportunity to own a newer multi-unit property in one of Phoenix's most exciting urban locations.

LIVE IN ONE, RENT THE OTHERS, OR MAXIMIZE YOUR INVESTMENT POTENTIAL!

Location

State AZ

County Maricopa

Community El Fresnal

Area Maricopa

Zoning R5

Direction West on Adams, North on 11th Ave to Property.

Interior

Interior Features Central Vacuum

Heating Heat Pump

Cooling Ceiling Fan(s), Electric, Heat Pump

Flooring Concrete

Appliance Built-In Range, Disposal, Dishwasher, Microwave, Washer/Dryer

Exterior

Parking Features Attached Carport, Garage Door Opener, 1 Space/Unit

Community Features Barbecue, No Pool

Roof Type Tile,Built-Up

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water Individual Meter

New Construction No

Schools

Elementary Schools Paul Dunbar Lawrence School

Middle Schools Phoenix #1 Iacademy

High Schools Phoenix Union Bioscience High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 112-04-007

Ownership Fee Simple

Acceptable Financing Cash, Conventional, 1031 Exchange

Disclosures Seller Prop Disc Stm

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.zillow.com/view-3d-home/a3fb5e0e-c506-41d6-8a58-00166f72ed96?utm_source=dashboard

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Listed by Real Broker • Kenny Klaus

NEARBY SCHOOL & BUSINESS

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129 N 11TH Avenue Phoenix, AZ 85007