2102 W Adams Street Phoenix, AZ 85009
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James "Cass" Stephens

  2102 W Adams Street Phoenix, AZ 85009

Sold (224 Days)

Description

Unique W Downtown Phoenix area 16 unit complex. Under $110K/door & $224/sf! 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 5.25% i/o with a 5 yr balloon at 45-50% LTV. 9+ CAP proforma.
New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. All separate electric/gas that is tenant-paid. Four water meters. Zoned R-3. Long-term owner. Rents range from $1000-$1297.

MLS #:
6749136
Taxes
$518
Type
Multifamily
Year Built
1921
County
Maricopa County

Listed By

James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler
Bought with
Zachary Coty, Compass
Source
Arizona Regional MLS
Last checked May 9 2025 at 7:16 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Other
  • See Remarks
  • Individual
  • Heat Pump
  • Window/Wall Unit(s)
  • Electric
  • Ceiling Fan(s)
  • Window/Wall Unit
Flooring
  • Other
  • Ceramic Tile
  • Vinyl
Exterior Features
  • Other
  • Brick Veneer
  • Brick
  • Roof: Composition
Utility Information
  • Sewer: Sewer-In & Connected, Public Sewer
Parking
  • Other
  • Assigned
  • Add'L Parking Avail
  • >1 Space Per Unit
  • Carport
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 5/9/25 00:16.