314 W Roosevelt Street, Phoenix, AZ 85003
- $3,195,000
- List Price
- $3,195,000
- Status
- ACTIVE
- Days on Market
- 21
- MLS#
- 6630394
- City
- Phoenix
- Year Built
- 1924
Property Description
314 W Roosevelt Street is incredibly charming, originally built in 1913 and undergoing a modernization in the late 90's that included all new plumbing/sewer lines, electrical (inc. in-unit sub panels), all new roof trusses and more. A/C units have been replaced as necessary with roof and exterior stucco replaced in 2011. It features (12) 1-Bed / 1-Bath units with (3) different floor plans averaging ~635 sf per unit. The community features an on-site laundry facility, plenty of parking, a community terrace and a variety of additional storage space. This is a rare opportunity that features a double lot, the property sits on half an acre and has the ability to build additional units. The interior finishes are in clean value-add condition. PLEASE DO NOT DISTURB TENANTS, DRIVE BY ONLY!
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Additional Information
- Gross Annual Sch Inc
- 244080
- Other Income
- 2892
- Adjusted Gross Inc
- 233388
- Taxes
- $7,883
- Operating Exp
- 7883
- Net Operating Income
- $179,688
- Units
- 12
- Project Type
- 5 - 12 Units
- Construction
- Brick, Frame - Wood
- Roofing
- Comp Shingle, Foam
- Parking
- >1 Space Per Unit, Other (See Remarks), Paved Parking
- Cooling
- Central A/C, Electric, Individual
- Heating
- Electric, Individual, Natural Gas
- Floors
- Other, Wood
- Interior Amenities
- Unfurnished
- Exterior Amenities
- Landscape Wtr System, Other (See Remarks), Security Light(s)
- Zoning
- DTC-S-ROO
- Subdivision
- Kenilworth Blks 7-14
- Community Amenities
- No Pool, See Remarks
- Electric
- APS, Individual Meter
- Gas
- Master Meter, SW Gas
- Water
- City Franchise, Master Meter
- Sewer
- Sewer - Public
- Tenant Pays
- Electric, Other (See Remarks)
- New Financing
- Conventional, Other (See Remarks)
- School District
- Phoenix Union High School District
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Listing courtesy of ABI Multifamily.
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